NUE moved sideways in a 32-51 range from late 2008 to end of 2013 price created ascending trendline and kept it from 9.2011 last year was consolidation at the top of the range with 49$ acting as support now the stock at new 5 year high with upside to at least 63$ 1st resistence at 58.5 take some prifit tere support at 55 and 53.5 stop below 50