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Purvishdiwanji

$STLD - bullish trade setup

Long
Steel Dynamics, Inc. (NASDAQ:STLD)  
Purvishdiwanji  
NASDAQ:STLD   Steel Dynamics, Inc.
Technical Indicators Trend Analysis STLD steeldynamics djia
1
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indicator trendanalysis stld steeldynamics djia
$STLD 6% upmove from 122.50 to 130


Technicals :
1. Monthly - bullish
2. Weekly - bullish
3. Daily - RSI Positive Reverse Divergence

Trade setup :
1. Entry : 122.50
2. Stop Loss : 119.75
3. Risk : 2.75 points
4. Target : 130
5. Profit points : 7.5 points
6. R/R : 2.75 : 7.5 = 1:3

@purvishdiwanji
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