On the Lookout for Sloppy Seconds

After selling the remainder of my X long earlier this week to lock in that win, steel stocks are back on watch for fresh long entries and could easily be setting up again into next week,

Too often in the market, traders eschew stocks once they have traded them, opting to move on to new tickers. However, it is often fruitful to keep tabs on those old stocks to see if they set back up again.

To my eye, AKS STLD X are some of the more attractive steel names shaping up. I want to see some more strength, but today's action is promising. 

Note the STLD daily chart, below, for example, showing price "banging its head" up against well-defined horizontal resistance. Above there into next week, and I suspect steels will sustain another under-the-radar leg higher.