November 25, 2009 at 18:39 PM EST
Steel Makers Hitting Highs, Shaping Bases
Steel makers surged ahead Wednesday, extending the group's recent spate of strong chart action. A handful of stocks in the steel producers industry group ran to new highs this week. Among those were Ternium (TX) and Tenaris (TS), both based in Luxembourg, South Korea-based Posco (PKX) and Golden Green Enterprises (CHOP) in China. Golden Green earned an added boost Wednesday, when Maxim Group initiated coverage on the stock with a buy rating. An
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