AK Steel gaps up following upgrade, levels to watch Shares were last up 6% to $6.81, which follows a large gap up this morning to $6.74. BofA/Merrill upgraded the shares to Buy, with a $10 price target. The session low at $6.74, the opening price, is current support. Next support below would be at $6.62. Resistance is at $6.93, the session high. The move up today reinforces the turn in trend to positive which has developed in the last month.