Grupo Simec, S.A. de C.V. (SIM) a steel producer (FusionIQ technical score 85) broke out on almost 2.5 x its 21-day average volume on Friday. Additionally it scored a FusionIQ new timing BUY signal on Thursday.  With good group momentum and a point and figure target of $ 18.50 SIM shares offer good reward potential.  Average costing into shares off the open and on pullbacks towards the $ 12.20 - $ 12.10 area looks to be a good trading strategy.