WillNixTrading

Steel is Red Hot

Long
NYSE:X   United States Steel Corporation
Steel demand is insane

Steel supply has been caught flat footed

I expect USS X to trend up quickly towards 35

Depending on timing and other market conditions ... I also expect this market to drop like a hammer if the economy takes a turndown
Comment:
This idea has flat-lined ... DOA ....

I had not entered this trade, as I have not entered any in months - - - - however, when the price action broke down and of the channel, the idea was dead on arrival.
Order cancelled

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