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VanEck Steel ETF

Writer's picture: Lester DavidsLester Davids

Updated: Sep 30, 2024

Friday, 27 September 2024

Time Published: 14h21

Ticker: SLX


  • Buy Idea, supported by the unleashing of stimulus from the Chinese authorities

  • Emerging from a bull flag below multi-month highs

  • Last = $70.37

  • Target: $88.00

  • Stop-loss/invalidated below: $63.00

  • Time Frame: Medium Term



Lester Davids

Analyst: Unum Capital

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