United States Steel Corporation opening high and rising high This chart shows the weekly candle chart of the stocks of American steel companies in the past four years. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, due to the stimulation of the acquired bullish news, the stocks of American steel companies...
NYSE:X X has low volatility as a value stock- it has been in a gradual uptrend with increaing relative volume including spikes the past few days even during a general market selloff. I see it as a potential swing long trade now setup for a relatively low risk trade.\
tiggers are apparent hopping for bust through! need some infrastructure bill! come on Uncle Biden Keep your Eye on the Ball
United States Steel Corporation ( NYSE:X ) Sector: Non-Energy Minerals (Steel) Market Capitalization: 8.198B Current Price: $31.42 Breakout price: $30.55 Buy Zone (Top/Bottom Range): $29.45-$26.95 Price Target: $38.00-$39.30 Estimated Duration to Target: 65-69d Contract of Interest: $X 5/20/22 35c Trade price as of publish date: $2.50/contract
us steel sort position to reach the support zone today reached resistance at 21D MA ,
NYSE:X US Steel Corp I honestly do not know what I am looking at! Overall, this appears to be a sideways move, but with significant volatility. Sitting neatly within the levels shown, but I am not clear on if this is an ascending or descending wedge forming over the last few weeks. Overall market conditions are probably mostly at play here, awaiting for the...
US Steel has been consolidating and I think it is ready move higher. The first target will be the range high and then the blue gap. Not financial advice.
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
Has developed into a massive C&H ... wow 👀 ... keep your eyes on this one folks $FCX $AKS $MP $HG_F $CL_F $SPY $SPX $ES_F $TNX $TLT $ZB_F $ZN_F #Economy #Commodities #Inflation
If/when it sees a break below $16, support levels to watch
Reversal Play Reward/Risk: 6.5/1 Entry: 17.24 or at a lower price Stop: 15.50 Target: 25.00 Options Play: March 19 18/19 Call Vertical Assuming the recovery continues and we continue to see inflation X might be a great play
Trying to hammer off of the TL. Back over the 50dma and could rip $FCX $AKS $MP $HG_F $SPY $SPX $ES_F $TNX $TLT $ZB_F $ZN_F #Economy #Commodities #Inflation
Late in posting this idea. $30 TP by Feb 03, 2021
needs to bearish retest $20 before dying needs to reclaim $20 before moon win/win
I really like US STEEL down here. I've had my eye on this one for some time but the trend is still technically pointing down. Following the price direction and watching strength/momentum is key. I can speculate and say this is an excellent buy (I think it's fantastic).. However, the trend is still pointing down even though I see value here. Notice the hidden...
... with a cost basis of 13.44. Notes: I've been working this one for a very long time (See Post Below), chipping away at cost basis.