US Steel meets resistance
US Steel currently tests a long term trendline acting as resistance. This could lead to a short term correction, but the uptrend remains intact.
To enter new long position, first wait for the price to clear the resistance (at closing prices).
When holding long position you could take short term profit, and wait for a pullback to re-enter a long position.
I would not enter short positions here.
To enter new long position, first wait for the price to clear the resistance (at closing prices).
When holding long position you could take short term profit, and wait for a pullback to re-enter a long position.
I would not enter short positions here.
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