Olympic Steel (ZEUS) goes positive by breaking intraday moving average 2012/12/10 12:35

The intraday price for Olympic Steel has moved above its 200 period 30 minute moving average of 18.49. ZEUS is near 18.73 bucks now. Breaking above the moving average adds to the positive trend in the price.

The price is above the trend line, which is about $17.58. Falling below that might indicate a change in trend.

Other stocks to watch – these are correlated with Olympic Steel:

Zodiac Sa Adr (ZODFY) with a correlation of 95.07%

Oats {Sep 12} (ZOU12) with a correlation of 91.88%

Soybeans {Sep 12} (ZSU12) with a correlation of 92.2%