December 10, 2017
Steel Dynamics (STLD) broke out of a 2-year consolidation pattern on Friday and hit a new 52-week high. This pattern is a classic "ADXtra" which features a low ADX and a "Cross and Hold" DMI pattern.
The key feature of this crosos and hold setup is the +DMI which m...
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STLD ADXtra Breakout
December 2017 (1)