Commodity Stocks Find Support: (STLD, PCU, POT, MOS, X, NEM, AUY, USO, TAN, FCX)
February 01, 2010 at 15:05 PM EST
Commodity stocks have been in a downward spiral for the last two weeks. The dollar has rallied higher dropping commodities like gold, oil, copper and steel. With this massive drop comes bargains. The key is to look at the charts and find the best plays are ready for a bounce. Anything that is influenced by the dollar is a possible play. Get your notebooks ready, here they come. 10. Steel Dynamics (NASDAQ: STLD ) Hit and crossed the 200 moving average on the daily chart on Friday, no confirmation of move down below the 200MA. In addition, filled gap on daily at…