EVRAZ is pushing its ATH- which was last years YR3. As can be expected there are some signs of profit taking at this level but shares are being bought up immediately and if this continues EVR
will break its ATH
into clear skies. 603 is the YR1 pivot
. Looking at last year there was a major pullback each time EVR
reached a yearly pivot
so waiting for a weekly close above, or buying the pullback is the move.
shows a double distribution with the POC at 376, however value is consistently building higher into a positive skew to support the bullish
thesis, with the POC for the broadening formation at 535.
Fundamentals are excellent, as is the dividend. Stockopedia 99/99.