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$NUE - Bull Pennant Atop a Volume Shelf

Long
Nucor Corporation (NYSE:NUE)  
FluxTrades  
NYSE:NUE   Nucor Corporation
Chart Patterns Pennant Fundamental Analysis LONG long-term buyandhold swingtrading swingtrade pennantpattern Bullish Patterns Bullish Pennant
2
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chartpattern pennant fundamental long long-term buyandhold swingtrading swingtrade pennantpattern bullish bullishpennant
$NUE has a super awesome setup going into the new year.

We've got a textbook bull pennant forming atop a volume shelf, meaning there likely isn't much downside left in this name.

Even after the guidance cuts, $NUE is still set to report an amazing quarter, meaning we've got both strong fundamentals and technicals supporting this name.

Long $NUE.
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