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Silvestrov
Feb 5, 2020 3:17 PM

AK Steel - breakout from the "handle" Long

Description

Week ago discussed that NYSE:AKS looks promising for low risk entry as it touched various support lines. Today, it appears that stock is breaking out of its bullish flag or "handle" in what appears to be cup&handle formation.

Do not expect strong rally immediately, but should continue working higher in the upcoming weeks
Comments
Eric_From_PA
This thing is dead unless Trump puts on tarrifs for electrical steel makers.
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