DTT Buzz

On April 7, 2008 we noticed that Nucor Corp. (NYSE:NUE) had created a symmetrical triangle continuation pattern. That morning NUE broke resistance and retraced, providing an awesome entry point and we entered a long position in NUE @ $70.81. After a strong earnings report and a new all time high, the stop was revised to $74.45. After seeing heavy selling pressure, the stop was once again revised. We exited the position after 22 days @ $74.67 for a profit of +5.451%!

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Thanks
Megan Grant
Day Trade Team