NUE is in a neutral range between 240 support and 270-280 resistance; a breakout above 280 signals a buy, while a drop below 240 signals weakness.

I chose Nocor, its code is NUE. It actually performs well in the motorcycle rankings, where it ranks 89th. But the challenge I face with the Nokor is that it is at best in the assembly stage.

In fact, we recorded a new all-time high not too long ago, 6-7 weeks ago at the beginning of August. But look what has happened since then. The price has stabilized within a defined range, and if we look at the chart from a broader perspective, we find resistance around the 270-280 level, dating back to the June peak, the August peak, and two peaks we witnessed in September.

On the downside, we are testing this week a recent swing low from August, around 240.

At the moment, I see the situation as neutral. I believe the advantage of this graph lies in the clarity of its frame. I believe that if the stock breaks through the 270 level, it represents an interesting buying opportunity.

If the stock falls below the 240 level, this means breaking the support level.

I would choose 280 to make it more conservative, and I would say "Nukor Breakthrough". But I also set a crash alert. So, I would say "Nokor collapse".

Now, guess who no longer has to worry about Nucor's stock chart. Me, isn't it? Because I activated an alert.

I said, "Look, if the price goes above 280, that would be a good positive sign for me. Tell me that. If the price goes below 240, that would be a negative sign. Tell me that too.

If the price stays in the middle, we'll have to wait and see, right? Time to hold off."

That's why I say that Nocor's stock chart is good. And I would say that of all the sectors, it is a difficult sector. I would say this is probably the best scheme I've found in a sector full of bad schemes.