ZUES

ZUES... ( STEEL SECTOR)...eps wise, there is nothing wrong ....The market decided to give ZUES a lower valuation (P/E).....the MA 200day is 28.1 and its 80/20 or 90/10 ZUES bounces right off that...




28.1 is also a one month price channel match = $7....(In any one month period, ZUES ranged $7 in price)...so, I have found two buy signals, at the same 28.1 entry price....so it’s 80/20...80% of the time i will make money within 3 days at the 28.1 entry price...downside....ZUES decides to test $27...which is RSI 18...
This entire set up is almost 90/10...in which I would make money 90% of the time...right away at entry = 28.1....If you find a third buy signal then you make it 90/10...

here are some thoughts.....
ACI,BDK,BW,C,LMT PEP,UPL,PXP all bounced off at MA 200 day or getting set to
here's where I find MA 200 day
http://stockcharts.com/charts/gallery.html?ZEUS

MDG sloping down 200 day...then gapped up over the 200 day...looks like its headed to 31....triple top.=..rsi 75..if one gold stock gets there (RSI 75)...they all get there probably, this could be a summer rally for gold stocks...NEM at 38 last week....that’s pretty low...
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