BSL 1.46% $21.53 bluescope steel limited

shorts covering?

  1. 2,535 Posts.
    reckon its started and does look like ~1.90 was the bottom, well done all those who had the nerves.

    volume needs more conviction but all looks positive, RSI back above signal line too, and we all know what happens when the shorts start covering (snowball effect pretty pls).

    slightly OTT what are the other trade-vestors out there thinking, LT or ST for this one? I entered in mid 1.90s on the logic that it was a flexible stock to be in i.e. looks OK LT but definitely a good trade as well.
 
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$21.53
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
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