NYSE:NUE   Nucor Corporation
nue
Ticker: NUE
Direction: SHORT
Entry Price: 48.84 AREA
Current Price: 46.56

Description of Chart:
Shorted this last week and currently it is profitable. There is still lots of potential for more downside so the chance to sell on the open tomorrow is very real. Longer-term we are looking for a target of 35.11 area. Next major support is around the 41.62 which is still around 12% than it is now. Keep a close eye on this one as it has the potential to be a big winner.

You can view all of my charts on my website if you are interested in a certain product. I also run a PAMM account that you can join, it is where you invest into an account managed by myself and I make the trades to make you profits.
Website: www.lukelehepuu.com

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