lukelehepuu
Short

NUE IDEA

NYSE:NUE   NUCOR CORP
NUE
50 0 3
nue
Ticker: NUE            
Direction: SHORT
Entry Price: 48.84 AREA
Current Price: 46.56

Description of Chart:
Shorted this last week and currently it is profitable. There is still lots of potential for more downside so the chance to sell on the open tomorrow is very real. Longer-term we are looking for a target of 35.11 area. Next major support is around the 41.62 which is still around 12% than it is now. Keep a close eye on this one as it has the potential to be a big winner.

You can view all of my charts on my website if you are interested in a certain product. I also run a PAMM account that you can join, it is where you invest into an account managed by myself and I make the trades to make you profits.
Website: http://www.lukelehepuu.com
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