X - United States Steel Corporation is resuming the nearly 9 month downtrend that started in December 2014.

Accelerated by two recent negative earnings surprises, the stock was down 7.75% yesterday, closing near its low, in slightly higher volume.

Large scale buying existed on 28/01/2015 and 29/07/2015 although the value managers have not done enough to defend their position here in my opinion.

steelUSX

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