Nucor Corporation

ticket symbol : nue

stop:53

target: 60 or more

Nucor Corporation

Jim cramer was pounding the table ‘buy’, ‘buy’ yesterday. It got my attention. Why not? the risk/reward ratio is good. This is a counter-trend trade. It fits my mentality. I like to trade counter trend even though the winning percentage is low.

Steel Stocks are money losers for a long time.

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