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Is NUE signaling selling opportunity? 20 Day Moving Average Resistance shows up after a relatively flat session
NUE closed down 0.09% on Wednesday, September 17th, with volume running 1.0× below average. Multiple bearish signals emerged — Shooting Star, 20 DMA Resistance, 50 DMA Resistance & Shooting Star Candlestick — suggesting potential weakness ahead. Key support levels exist at 140.6, 138.4 & 135.49, with resistance at 145.71, 148.62 & 150.82.
Current SwingTradeBot Technical Rating of NUE: D
What else did NUE do today? Find out on SwingTradeBot.
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