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UNITED STATES STEEL CORP CEDEAR EACH REP 1/3 ORDUNITED STATES STEEL CORP CEDEAR EACH REP 1/3 ORDUNITED STATES STEEL CORP CEDEAR EACH REP 1/3 ORD

UNITED STATES STEEL CORP CEDEAR EACH REP 1/3 ORD

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X trade ideas

3:1 short term trade on US Steel (X) X price is currently inside the bullish flag (Positive sign). Zooming into the 5 Min chart, we can see X price is close to the bottom of the upward channel. This trade is set up based on betting the bounce back from the bottom to the target price with 4.4% profit potential with a 1.3% downside risk- attractive trade setup. This trade idea is only my personal opinion and is not meant to be taken as a investment advice. Trade at your own risk and good luck trading.
NYSE:X
by Shivazad
#X $X #long #stockOn the daily scale X looks good. all indicators look good. price continues to build on higher highs and lower lows. I also like that big dip prior to earnings. You want minor pullbacks that do not break the over all trend. Minor pullbacks demonstrate price sustainability. another thought about this stock stock. steel prices have been doing well this year. That trend will continue so long as the world economy continues to grow. I would also add there are two key events on the horizon for this stock. First, US and chinese trade negotiations are scheduled to meet next week to discuss chinese steel practices. Second, President Trump has vowed to place tariffs on chinese steel. Both could provide catalyst that could boost this stock. weekly The weekly is a mixed bag. The MACD looks good. stoch rsi could go either way at this point. while it is pointing down, it has crossed. OBV is rising, but not not a spectacular rate. Monthly X looks good on the monthly. indicators are supportive. But what i really want you to notice is the little green curl on the right side of the chart. If you look at stocks that go parabolic they always form that little curl. Sometimes they breakout, some times they don't. Either way look for the little green curl.
NYSE:XLong
by The_Patterns_Guy