BUY - Buy at 510 – textbook VCP pattern – if it’s able to break 535 – there will be more strengths - However, vcp is not a biblical pattern – market sentiment is important – enough volume during the next few days will push it higher
SELL - Nail down profits according to your own plan
RATIONALE - Whole steel sector is doing great - Took around 140 days to build a base - Higher RSI might indicate stronger buying hence indicate stronger buying force
**the analysis is solely for my own references and learning