Eliarich
Long

AK Steel Bullish Breakout

NYSE:AKS   AK STEEL HOLDING CORP
46 0 2
The stock broke out of the down trend channel (chart attached), and the confirmation given by the EMA (50) crossing above EMA (200), the stocks looks ready to rally. Resistance levels are 4.50 (near current level), 5.20, 5.80. The current scenario will invalidate in case of a close below 3.74.
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