Potential Buy Alert
SGM – Sims Metal Management
Stock : SGM – Sims Metal Management
Current Price : 14.73
Status : On Watch for higher low
SGM is looking good and ready to push up out of contraction. We still see that the buyers have some work to do but we are now watching for a higher low to build. If we see the higher low then that is a good heads up that the buyers are back in control and continuing the trend higher.