Nucor Corporation (NYSE: NUE) A potential breakout of the key neckline resistance at US$145 level following a bullish double bottom formation to retest the year high resistance at US$186 as: Â Â
*Expected timeline of the trade is 13 weeks from the date of report issuance.
CHART LEGEND
Red box = Resistance zone
Green box = Support zone
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Featuring regular TA posts and requests to analyse specific stocksI analyze the stock market and conduct technical analysis to provide investment recommendations. I look forward to having a conversation with you in our in-house seminars and presentations to identify good risk-reward trading strategies together. I graduated from Nanyang Technological University with a Bachelor of Accountancy (Honours).