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United States Steel Corporation

$X United States Steel Pre Earnings TA

291
Much loved and very rewarding stock to trade in 2020/21 and with President Bidens push for huge infrastructure spending it will surely be a winner long term,
but as earnings are today how do we play it. ?
The stock has traded very technically and we could say is within a large Pennant formation right now , we have clear downtrend resistance and uptrend support.
If we break to the upside $26 & $30 are major PT's but we may see a touch on the lower trendline first.
We will not be carrying stock into earnings , rather wait and see do we buy the breakout or buy the decline if it happens.
Xclusive-Trading
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Pivot PointsSupport and Resistance

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Pivot PointsSupport and Resistance
Xclusive-Trading
Discord : whop.com/xclusivetrading.com
Web: xclusive-trading.com/
Twitter : @XclusiveTrading
Email :info@xclusive-trading.com
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.