Highlights

• BlueScope Steel extended its recovery on Wednesday, notchinga sizeable share straight increase as the materials sector rose again. As BlueScope Steel continues operating within the ASX 200, growing attention is also being directed towards ASX Technical Analysis as companies across the sector navigate changing market conditions.
• BlueScope Steel sits among the stocks drawing attention in ASX news today as the ASX 200 index sets the tone.
• The bounce began from a support zone tested late last week after the shares retreated from their post-guidance peak.
• Short-term averages are being reclaimed, though a sequence of lower highs since late October…