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UNITED STATES STEEL

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4USX1 trade ideas

X- This Stock Looks Dead! (Or is it?) Part 3X- Now lets put some basic lines on our chart. Looks a bit different now doesn't it? Does it seem clearer? Hope it helps. Now we see that good ole' US Steel (X) can actually surprise traders! The recommendation about buying X on the trend line months ago, certainly looks to be holding nicely. In fact we've had a very nice little pop as shown. But what about our friends that want to buy near the buy line? Or if we want to add more position size into our portfolios? Lets see if any more wonderful opportunities exist with this stock. Let's make a final chart with a very close view of where we are now. Lets see if we can identify a great place to load up again! Next chart is X - This Stock Looks Dead! (Or is it?) Part 4
NYSE:XLong
by whiteknightmoving
X - This Stock Looks Dead! (Or is it?) Part 2Now we are using the correct way to use our stock analysis. We are using the Trading view features of Dividend adjusted Log charts. We now can see that this stock has some strength building inside of it. After decades of Doom and gloom. It is surprisingly easy to see this with the correct charts! Do you see the higher low on the recent weekly bounce? Let's now drill in on a daily chart and draw a few patterns and channels to help us learn more about this long term investment possibility. Lets see the next chart X- This stock looks Dead! (Or is it?) Part 3
NYSE:XLong
by whiteknightmoving
4
$X United States Steel gets its Mojo back.P/E ratio a ridiculous 2.4 Short interest a very high 33.20% may help fuel a rally. China trade a big issue for X, a resolution could ignite a massive recovery. U.S. Steel (X +16.6%) surges to its highest level in three months following Q3 results that were not as bad as feared and the company offers a fairly optimistic take in its earnings conference call. Margins remain under significant pressure but "signs of life are emerging," as the GM labor deal removes a gap, lead times have extended, flat-rolled order rates have materially improved and scrap prices are expected to improve - boosting the company's confidence that the market will improve from here. CEO Dave Burritt says U.S. Steel will scale back investments in repairs and upgrades to its existing mills and the construction of a new sheet steel rolling line at its Mon Valley Works to focus on the company's "number one strategic priority" of acquiring the remaining 50.1% stake in Big River Steel in Arkansas. U.S. Steel expects to spend $950M on mill improvements and equipment in 2020, down from $1.5B analysts had forecast. "We're in a difficult market environment," Burritt said. "We will remain flexible to manage the pace of our other strategic investments." Source Seeking Alpha Company profile United States Steel Corp. engages in the manufacturing and selling of steel products. It operates through the following business segments: Flat-Rolled Products, U.S. Steel Europe, and Tubular Products. The Flat-Rolled Products segment includes managing steel plants and production facilities that manufactures steel slabs, rounds, strip mill plates, sheets, tin mill, iron ore, and coke. The U.S. Steel Europe segment offers producing and marketsing strip mill plates, spiral welded pipe, heating radiators, refractory ceramic materials. The Tubular Products segment involves in manufacturing and trading seamless and electric resistance welded steel casing and tubing. line pipe, and mechanical tubing. The company was founded in 1901 by Andrew Carnegie, John Pierpont Morgan, Charles Michael Schwab and Elbert Henry Gary and is headquartered in Pittsburgh, PA.
NYSE:XLong
by RedHotStocks
$X Have we reached the bottom for 2019 in US Steel?Maybe clutching at straws here, but their is nice symmetry with the declines of 2014-16 and bullish divergences also exist within the chart. P/E ratio 2.02 OMG. 33.33% short interest, any good news could blast the stock higher. Company profile United States Steel Corp. engages in the manufacturing and selling of steel products. It operates through the following business segments: Flat-Rolled Products, U.S. Steel Europe, and Tubular Products. The Flat-Rolled Products segment includes managing steel plants and production facilities that manufactures steel slabs, rounds, strip mill plates, sheets, tin mill, iron ore, and coke. The U.S. Steel Europe segment offers producing and marketsing strip mill plates, spiral welded pipe, heating radiators, refractory ceramic materials. The Tubular Products segment involves in manufacturing and trading seamless and electric resistance welded steel casing and tubing. line pipe, and mechanical tubing. The company was founded in 1901 by Andrew Carnegie, John Pierpont Morgan, Charles Michael Schwab and Elbert Henry Gary and is headquartered in Pittsburgh, PA.
NYSE:XLong
by DEXWireNews
7