The most important and the major resistance to cross in the next 2 weeks is 0.705. If cannot cross this major resistance, nothing much to shout about.
If can cross 0.705 convincingly, then there is no more resistance to cross again. The technical chart formed is called "Cup And Handle Chart". The sky is the limit.
Good luck and I hope the share price can cross 0.705 convincingly in next 2 weeks. Thank you.
Increasing demand of steel across many sector such as construction, automobile, shipping etc but reducing supply from world largest steel producer China.
"China's cabinet issued an action plan to bring carbon emissions to a peak before 2030, urging to continue cut steel capacity, improve recycling rates of steel scrap, and promote electric arc furnaces technologies."
OTB:; The most important and the major resistance to cross in the next 2 weeks is 0.705. If cannot cross this major resistance, nothing much to shout about.
If can cross 0.705 convincingly, then there is no more resistance to cross again. The technical chart formed is called "Cup And Handle Chart". The sky is the limit
steel price drop from 5900 to 4900, it peaked at 8th october after that dropped till now 4900. just a matter of time for the steel stock to retrace and adjust according to market anyway hope steel price will stabilize
I see super golden opportunity , its like SAM dropping to rm11 tht time and shoot up. Haters will always blame when drop , thats why will never be rich.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
DickyMe3
658 posts
Posted by DickyMe3 > 2021-10-26 17:19 | Report Abuse
ESOS - 1,685,201 shares at 0.500.
Dilution