COMMERCIAL METALS CO

CMC NYSE

Triple_Barrel_Capital

$CMC Commercial Metals Company - Bearish Unusual Options Activity $1M Bearish Short Call - 7,500 May $30.00 calls sold today (53x open interest) 14 month uptrend line broke down earlier this week. 9d ema line held as resistance today. Near term target: $26-$27 range by end of April Note: This is NOT investment advice. Educational only.

ragnarok628

today bringing the cloud twist

RadRik

Could easily go the other way. Keep on eye out.

EPSMomentum

$CMC posted weaker than ecpected earnings but still the PEAD maintained a bullish projection for the stock, Currently the price is trading below the median line.

stephanelibatd

Hey my friends, COMMERCIAL METALS CO is in a fake bearish configuration with a high volume of sales executed and a wicked bear. In TIMEFRAME 1Min we see a bull candle with a shadow of the sellers, it will collapse on its last low point. And return to the high potential increase of a price increase and resume negotiations. Then to recover the lost gains we start on...

matjaz70

Big pictrue of fundamental analysis and technical analysis. market looks like it bouncing from ground, fear desapearing, vix is down Write sometning about your psyhology thinking before trade? that this is very interesting time, aI am more calm than last week Describe the trade. What you see? price is at supportl level and fibonaci level so it can bounce now Write...

DorofeevML

CMC

Trading_Arts

$CMC Friday's gap up candle completed a C&H pattern on the daily chart MACD and RSI strong and supportive of the move up Look to participate on either of : 1) retest and HOLD of the cup breakout line at 18.45 or 2) a breakout AND close above SEP high at 19.13 Measured target from the breakout of the pattern is around 22.21

PNL_only

sr

Triple_Barrel_Capital

$CMC Commercial Metals Company has been in a tight trading range for the last two months. It looks to be approaching a buy point at the lower support line of a long term bullish channel. I see 30%+ upside from this level by year-end possible, so long as the lower support line holds. (Also of note, it seems like any stock with ticker C_C has done very well this...

Alex_Quiroga

Same concept but with different company name because I not publish a stock symbol twice. But in this case the gap is visible from a weekly chart and this is no first time I publish this type of ideas and write the same things, because is the same Resistance breakout + Bullish gap I share a variety of companies trading at different stocks prices with different PE...

EdLee

Should have taken this as well... Increased prices via increased steel...

EdLee

EVR_CMC

Carr

Showing strength along with steel sector.

Carr

Bullish Base Breakout pending on hourly chart for this metals company.

npatz_2000

Lower low at C, then a higher high at A, then a climactic lower low at C finding support at prior support level. An AC (Accumulation Volume) VSA bar, which is a down bar with a mid to up close on high volume, indicating strength. First target is the previous higher high with a R:R of 1:3.12. Second target is a measured move of the trading range with a R:R of...

matt_forex

Price was rejected at resistance. With a bearish engulfing candle as a confirmation. CMC PE is 30.57 while the overall sectors PE is 23.90. Waiting for another point of entry.