Commercial Metals Company CMC

RiderTrader Premium

Why am i interested? Change in color of bar to Blue. There was a sell before. False bar on top. (False) CCI is green. Oscillator 5.35 is bullish. ATR is 1.39 Bar height is 1.4 so .75*ATR = 1 and 2*ATR = 2.7 Now Bar height (1.4) is between 1 and 2.7 So a buy @38.2 for 39.5 and 41.5 as target. Only one problem. No False Bar.

TaPlot Premium

$CMC in the steel industry. Not as clean of a base but this been moving sideways to slight tilt upwards since June of last year. What is catching my eye is the good looking volume pattern which making up for the base structure. Worth keeping an eye on early this week.

sydneyt Pro

Basic Materials Group Looking to go long after capturing AVWAP from high

HaseebKhan_90

* Great earnings * Strong up trend in the long term * High 3-month relative strength of 1.08 in the Basic Materials sector * Pays out dividends * Breaking out of a ~7 month base with higher than average volume * Broke out earlier but due to current market conditions it did have a slight pull back and now is breaking out once again. * It did, in the recent months,...

MakeMoneyCoESTB2020 Pro+

NYSE:CMC - this company is in the correct sector to directly benefit from the infrastructure bill. It is forming a Cup basing formation. If the market reacts positively to the news of the Infrastructure Bill getting signed, the vertically integrated steel producer stands to benefit from all of the national construction products that will ensue, especially if...

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 Pro

today bringing the cloud twist

RadRik Pro+

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

EPSMomentum Premium

$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