A couple of steel stocks caught my attention this weekend. SID had a nice hammer on the lower band of the rising trendline with rising RSI.
POSCO also is firming up along a similar trendline. My final confirmation for either of these is a cross of 3/6 EMA.
The channels look large enough for a decent run. Our stop area seems well defined along the lower trendline.
Posted by BKudla www.arum-geld-gold.blogspot.com
