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RiderTrader
Feb 16, 2022 1:07 PM

$NUE Long

Nucor CorporationNYSE

Description

Why am i interested?
Change in color of bar to Blue.
There was a sell before.
False bar on top.
CCI is green.
Oscillator 5.35 is bullish.
ATR is 5.7 Bar height is 5
so .75*ATR = 3.8 and 2*ATR = 10.1
Now Bar height is between 3.8 and 10.1.
So a buy @122.10 (Previous box on left) for for 125 and 134.

Only one problem. A "V" shape recovery.
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