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Long Stock Picks X – Steel Sector for 4 19 2017

X – Steel Sector

We like this stock as a possible long for tomorrow for the following reasons:

  • The stock and sector have pulled back from the highs after topping out in February
  • This stock put in another leg down to break support and has been moving lower on declining volume
  • Today the stock got a bit of a short-covering rally before pulling back and consolidating into the close