ProfitablePattern

$X cut in half.Showing signs of life. Bullish ascending triangle

Long
NYSE:X   United States Steel Corporation
$X has been slashed in half over past few months but is now showing signs of life and I am building a long position. X is trading above the 8 day ema and above the 20 day sma which is also turned higher. $X is printing a bullish ascending triangle and next leg should be up.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.