Tag Archives: general steel

General Steel (GSI) Big Breakout, Wait For Retrace

The play right now is in the metals space – gold, silver, industrial metals, mining, etc.  The steel sector as a whole isn’t doing real well right now, but what the heck steel it’s a metal and GSI is showing massive buy demand on a recent breakout.  Take a look at the chart below.  At the beginning of March General Steel (GSI) staged a massive 60% breakout move with extremely heavy volume and now needs … Read the rest