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Scalping My Way
Posted On: 10/31/2016 8:59:36 AM
Post# of 658
Posted By: Ciao
I can't remember if I mentioned(chart) here AKS before
I must put all the stocks and chart somewhere where we can update and look at them at glance... I have to ask the ADM to help me out there :-) )
AK Steel Holding Corporation (AKS)
closed 5,21+0,07 (+1,36%)
Day's Range 5.16 - 5.34
Volume 25,437,055
Avg Vol (3m) 13,819,320
Market Cap 1.24B

Quote:
AK Steel Holding Corp. (NYSE: AKS) rose only about 1% this week despite two analyst upgrades, but there was also a secondary offering of stock with 65 million shares being sold. The stock was raised to Buy from Hold and the price target was raised to $6.25 from $5.50 (versus a $5.15 prior close) at Jefferies. The firm sees a reflation momentum with a lower balance sheet risk, and the firm believes that the prospects for the U.S. steel market have notably improved. Merrill Lynch also boosted AK Steel’s rating to Buy from Neutral along with an $8 price objective. AK Steel has a 52-week trading range of $1.64 to $7.09 and a consensus analyst price target of $6.08.



I do occasional follow AKS but been a big cup it move slowly but many time one get nice day trading out of it ... on quote it say nearly everything
keep an eye around these resist. 5.75 and sup 4.93 and they will tell the direction ;-) )

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