X seems to be rusting awayI think X will retrace till 33.76 resistance level and try to break though trendline at 34 -34.20 around 12:30 til 1:00 pm then fall back to 33.76 retrace a little then fall back to 32.26 by end of the day or next day open
X trade ideas
X somewhat bullishAccording to the 4hr MACD X has some room to go up 36.22 ,I think 33.80 to 34.30 is a good buy in.Set stop loss at 33.50, The end of the month there should a lot of volatility with earning coming out and trump becoming president which we will see how fast he will implement his infrastructure plans. Which would be make this stock very bullish possible 44 in March
United States SteelOn my theme on long metals also having a nibble long at X. Will wait on a move above 37.26 before adding on dips.
$XGiant flag? one thing for sure don't short a trump stock for a while. I'm BULLISH
Some are thinking short it only because some C.E.O. sold some shares in November. To that I say it's when they buy that is important. Too many reasons why a C.E.O. sells, maybe they want a new LAMBO
X inverted head and shouldersX Head and Shoulders
English:
1.The price falls to a trough and then rises.
2. The price falls below the former trough and then rises again.
3. Finally, the price falls again, but not as far as the second trough.
The first and third peaks are shoulders, and the second peak forms the head.
1- Aiming important resistance level at 36.44
Wait for the Breakout of the neckline
Español:
1. El precio llegó a un mínimo y luego aumentó
2. Después el precio bajó y llego a un nuevo mínimo mas bajo y luego subió.
3. Por ultimo el precio bajó también, pero no alcanzó el punto mínimo del segundo pico (cabeza). más bien llegó a un punto similar al primero.
El primero y el tercer pico pasarían a formar los hombros del patrón y el segundo pico la cabeza.
1- Tomando como objetivo el nivel de resistencia 36.44
Esperen a la ruptura de la linea de cuello para confirmar patron
So You Want To Buy $X Do You? Don't Pull The Trigger Until ThisOver the last few days, shares of United States Steel Corporation (NYSE:X) have finally started to pull back. This coming after a surge from $17 to $39 in just over a month. That is a whopping 130% move in the stock. The stock has already fallen almost 13% off its recent highs, but investors should not be rushing to buy. Based on multiple calculations, the stock will continue to sell off over the next month or two, falling to a buy target of $27.65. At this price, U.S Steel Corp finally becomes an attractive buy and will have retraced approximately 50% of the move up. Aggressive investors can be short the stock on the move down, but expect a lot of chop. Safe investors should wait patiently for the buy level to hit.
X remount 9MA??Closed a nice short. Looking to enter long if it continues to hold the 9 and top of channel turns into support.
good long good long for today and tomorrow still has some downside on the one day could go to 32.If the Dow has a bad week. sell long at 35.20.One day chart is still bearish.
US steel has had a good runLong term one day indicators 38.50 would be the top of day.It might go up tomorrow to but its poised for a massive fall sometime this week.It risky to long.
X weeklyThe Trump Rally has pushed X up about 17 points. Is it due for a pull back before its next earnings? The fundamentals still needs to catch up right? LOL
US STEEL CORP. X Hi Guys , I got a request to look at this chart and i am posting it because the structure is amazing! nice opportunities in this one.
I will update on lower time frame.
Trade with care
Thank you for your support.
X if we can close above monthly resistance we outa see quite a move up to $77.53 . Will be interesting to watch with our new president.
Short US Steel (X)Trump rally is overblown. China serious risk of deflation. Technicals look pretty good. Divergent RSI momentum and key Fib retracement level. I am short X
X - Potential Re-Test of new support.I will be looking to buy if this bounces off support around $27.40.
