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09:50 EDTSCHN
theflyonthewall.com: Schnitzer Steel stock levels to watch
The stock is down following earnings and is not being helped by the negative sentiment in United States Steel Corporation (X). The big support coming up fast is the 200-day moving average, last at $47.14. It is a probable downside test objective. In the event of a breakdown below the 200-day, the following support levels could become additional downside objectives: $46.38, $45.10, $44.17, $42.98, $42.19. Resistance is currently at $49.26, $50.18. :theflyonthewall.com



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March 8, 2010
09:00 EDTSCHN
theflyonthewall.com: On The Fly: Analysts Downgrade Summary

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:theflyonthewall.com
06:29 EDTSCHN
theflyonthewall.com: Schnitzer Steel downgraded to Neutral from Buy at UBS
UBS downgraded Schnitzer Steel based on expectations for a slide in Q2 scrap steel prices and unlikely near-term M&A. Target to $54 from $50. :theflyonthewall.com