Schnitzer Steel Industries
Schnitzer Steel Industries (SCHN) is a recycler of ferrous and nonferrous scrap metal. This stock is trading up 1% at $39.88 in recent trading.
Today's Volume: 227,000Average Volume: 307,245 Volume % Change: 50% >>5 Earnings Stocks Poised to Pop From a technical perspective, SCHN is following through from some earnings-related strength that showed up last week. Traders should now look for long-biased trades as long as SCHN can manage to close near its daily highs with strong volume. At last check, the high for SCHN today is $40.68 and volume is tracking in a bit below its average daily volume. If we get a close near its daily highs with volume that's near or above 307,245 shares, then look for SHCN to make a run at its 50-day moving average of $42.88 in the near future.
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