February 2, 2023, 11:11 am EST
2023 Actual Trade STLD +36% Profits
It is our other material trade after RIO +30% Profits 01/13/2023 for 2023. We mentioned STLD in our watchlist article published on 10/21/2022 Solid Steel – Steel Dynamics Inc (STLD).
We should have more material positions to be harvested in our pipeline in 2023.
The key moment to get into them was late October or early November 2022. We can see the well-constructed reverse head-and-shoulder base for 6 months prior to breaking out. 10/21/2022 was the breakout day where it was the exact entry point for all-green holdings for the next 3 months. as shown in the featured chart.
There was a pullback in December 2022. But there was nothing to worry about because unrealized profits served as a buffer to hold the position. Keep up the faith and the good day will come.
