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AK Steel - breakout from the "handle"
Week ago discussed that $NYSE:AKS looks promising for low risk entry as it touched various support lines. Today, it appears that stock is breaking out of its bullish flag or "handle" in what appears to be cup&handle formation.
Do not expect strong rally immediately, but should continue working higher in the upcoming weeks
Do not expect strong rally immediately, but should continue working higher in the upcoming weeks
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