short term could bump its head on $6
Only to give it up for a better opportunity around $4,50-5
positives
Graftech manufactures electrodes used to make steel will benefit from China re-oppening
the St Marys mine could be up and running end of 2023
Negatives
suspended facility in Mexico could affect ~50% of their Q42022/H12023 production. This will have a massive...
I like to write a little story about my stocks picks even though I am sure most of the people don't bother to read them. However, I think every stock has a interesting story behind it as how it got here and where it is going from here. At the end of the day prices are controlled by humans and stocks follow their masters.
This week I stumble upon a very...
EAF looks set to create smaller inverted right shoulder.
If price can break above 14.5, there will be very good move towards 24
However, if price break down below 10, next downside target could be 5.6
Stop-losses in place for me, but potentially a good buy opportunity (according to mean regression). Strong support at 11.45, and also from the 6-month moving support. Finally the MA50 is also just under today's candle, so we can wait for confirmation in the next days. Not quite oversold according to the traditional measures, but sell-off is apparent from the...
I'm thinking were in the middle of impulse wave 3. Looks like we have some resistance at around the $11.50. Once we get past that its on to $13! I believe we're gonna need some good news or some type of catalyst in order to get there.
