CEO Buys Again While Charts Say Sell

ISB Research · Interesting · sent to Ultimate members July 13, 2026

Commercial Metals' CEO just put up $504,499 of his own money at $61.30, and this isn't his first time doing it on this stock. That matters, because the technicals here are ugly right now, sell signals across short, medium and long-term trends, RSI sitting at 41, resistance up at $70.57. But the track record on his past buys tells a different story: three out of four times he's bought, the stock was up double digits within 90 days. If you want in, the $59.96 support level is your line in the sand, and a bull put spread beneath his $61.30 entry gives you a defined-risk way to bet he's right again.

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