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Posted On: 01/18/2017 2:35:19 PM
Post# of 20
As Donald Trump's pick for commerce secretary today talked up tariffs on metals coming into the U.S., stocks like U.S. Steel (NYSE:X) and Alcoa Inc. (NYSE:AA) surged. One forgotten stock that should surge with them is Dmc Global Inc (NASDAQ:BOOM). The company services the metal/mining industry. In addition, the stock chart is near perfection. There is a classic bull flag that is literally hinging on a breakout. When the breakout takes place on Dmc Global Inc, it should jump to $20 as a target. It currently trades at $16.15. That is almost 25% upside from here. I have this on high alert here, keeping a close eye on a breakout.
Investors buy breakout on stock chart of Dmc Global Inc
Investors buy breakout on stock chart of Dmc Global Inc
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I was trained as a psychologist, then I applied what I knew to stock trading. Stocks are representing emotion of those who buy/sell them. I post all of my trades on Insert-tag-hereVerifiedInvesting.com where they are confirmed for legitamacy by their independent verification system. I've been trading since the 90s.
