WAM --> A Profit Jam....!!!!

I did Nucor last month. Here’s the link.

http://noonesapproval.blogspot.com/2007_07_01_archive.html

Nucor seems to be in an X-wave at the moment

The first third of the 1st X is complete now = a possible Sell Sell Sell for a quick nimble trade

The price should now move below 45 again as the next third of the first X is formed, then any buyer will hope for a one X pattern reversal

If you think there will be multiple X-waves in the reversal pattern – ie as in a channel

Then – possible buys on the dipper waves all the way through could be prudent here.

When NUE breaks out of the channel - that doesn't exist yet - a set of sell orders at NUE's correct price proportion to the channel and done

Wam

A Profit Jam