Top long idea, If I had to have one.
9 Responses to GGB: Brazilian Steel
Nice, I like the strength in steel names, and this one looks good… do you have a target on it?
What you think of AKS, STLD, MT ?
If I had to go long one stock it would be SM
check it out……FIRE
I like the chart, not too sure about how the overall steel stocks will react this week. Plus when they reported lower net income on may 13 the stock was at 45. The smooth uptrend from there seems to say that the recent hike in steel pricing is being accounted for already (52ish from 45). If there is a speculative buyer w great buying power sweeping out liquidity, sure it will breakout like crazy.
Reward/risk ratio of 3:1 w/o consideration of steel’s overall movement this coming week. Buyers looking to pin the future might buy into a steel rally if it happens.
you asian or homo or both ?
None of that…it must be hard for you to understand trade deficits…at least i know how to play the market
There are no gay people in India. Thank you come again.
That hurts !
“There are no gay people in India.”
ROFLMAO! I have a bunch of friends and classmates from India, and they do insist upon this. Indian people rock, imho, for the record, and they have the best (imitatable) accents.
I love indians accents!