SamSuka
The Long Investor
The Long Investor

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$STLD - RC -

It has been a number of months since I have uploaded this and we can see that there is not much changed since the last time I uploaded this.

Japanese firm are looking at buying US Steel at the minute, so there may be some interest around this sector in the short term.

If $STLD rejects trying to make a new high above $136 then I believe it comes back down again for our Wave C and could drop as low as $60 towards the end of the year.

Bullish scenario has this continue up along the wedge to $160+

$STLD - RC -

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