XAscending broadening wedge here.. (Use google) Target 25 support Stop loss 28$Shortby ContraryTrader3
Easy Trend Trade on XPretty straightforward setup that might come up on X. Reason why I like the trade: 1. The asset has a multi-month market structure of printing higher highs and higher lows. 2. It is obeying retracement levels fairly well 3. EMA 50 is acting as support 4. We have a local, naked point of control for support 5. We have a confluence of retracement levels including a local golden channel as well as some macro retracement levels overlapping. 6. Weekly S2 can act as additional support between stop loss and entry albeit depending on how long the retracement takes this could change. This trade idea will be null and void if start printing a new higher highs that will throw off the local retracement. Entry point will be at the confluence of fib retracements with the SL set just below the last higher low. Take profits is highly subjective but my risk assessment profile has me taking some profits at the local GC retracement level (30.61) and then set the stop loss to the entry price to secure a winning trade. TP2 and beyond is subjective and depends on how long you like being in a trade.Longby mrbudershank0
X (Steel)Drop with most commodity sensitive stocks on friday. 30$ resistance is tough. We closed Friday on 28 fib support. If we lose support X could correct to 25$ Keep in mind the 50sma at 27.20 high chance it dead cat there but if it closes below that 50 sma things will drop quickly. A higher dollar doesn't help commodities eitherShortby ContraryTrader2
X United States Steel Options Ahead of EarningsLooking at the X United States Steel options chain ahead of earnings , I would buy the $29 strike price Calls with 2023-2-3 expiration date for about $0.83 premium. If the options turn out to be profitable Before the earnings release, I would sell at least 50%. Looking forward to read your opinion about it. Longby TopgOptionsUpdated 5
US STEEL ANALYSISThe rally from July 22 is corrective in nature taking a form of a zigzag. The rally as retraced .618 fib of the impulsive decline. The rally is in its final stages and the decline will resume taking the market is lows beyond the jult 22 low. The market still remains the final arbiter. Shortby Clapperton_3
X - Close to bearish reversal zoneThe yellow rectangle should offer a lot of resistance for US Steel´s price. I expect a reversal from that zone, for another leg down.Shortby Stoic-Trader0
X (Steel) pullbackX pullback to supporting trendline around 25.50. From there we'll see if it bounces for one last leg higher before earnings . Really large bearish rising wedge showing here and on the RSI Metal sector XME isn't supporting a leg higher then 30Shortby ContraryTrader2
XLooks good here for a long , SL below $23-$20 depending on your risk. Will take about 1 year or more to double your money but slow gains are a nice balance.by Big_Mike7160
XMID-TERM: Double bottom and 200 MA breakout, with hidden bullish divergence. (not financial advice)Longby Champion-Vibe0
X (Steel) Crazy rally since OCT lows.. Coming up on Resistance around 27.50 Overbought on 1and 2hour.. I'll be looking to go short around 27.25 Target 25.45 or trendline support...b Getting tight inside this pennant, direction will chosen soon. 30% move either way Shortby ContraryTrader337
QuickTrade Idea 254 : XI am Bullish above $25.77 with target at $187.5 I am Bearish below $24.84 with target at $24.38by TizyCharts0
X Bear Flag formingBreak down with recession worries possible, been a safe havenShortby SoVeryLostUpdated 330
STEEL DID AS EXPECTED IN MAYChart originally created in May and now pictured with current price. When first posted it had just hit resistance and appeared bearish, along with a divergence in the RSI. by fortunaequitis0
QuickTrade Idea n 237 : XI am Bullish above $25.34 with target at $25.75 I am Bearish below $24.19 with target at $23.71by TizyCharts220
Recap : QuickTrade 202 : XThe previous entries were not valid, as the price never closed above the trigger. After the breakout the price moved to the target. Last support was the ema 50h No DD Top Performance of 2.17%00:56by TizyCharts110
X Bearish inclined naked calls 18 Nov Whats The Plan/Trade/Thought With the housing market facing headwinds with rising mortgage rates soaring past 7% (The highest since 2002). Housing should expect a cooldown as it is tied directly to the rising Fed interest rates. Risk Mitigation While there is an S&R line at 22.3, if price hits 24 it would point to me being wrong on the direction short term Can You Trade The Opposite Side (Y/N) N Trade Specs Sold 156 Calls @ 0.17 Strike 26.5 23% to Strike BP Used: 32k Max Gain: 2652 Shortby Ronin_trader0
X looks bullishA lower dollar is good for commodity stocks.. If the DXY does pull back , X looks poised to close some gapsLongby ContraryTraderUpdated 225
US Steel (X) With Angles and Aspects1. Saturn — Uranus angles contain uptrend from 3/13/2020 low. 2. Mars — Uranus aspects (degrees) catch numerous trend changes. 3. Mars — Uranus moving 360° from 3/13/2020 low catches run up to 4/1/2022 high. 4. Mars — Uranus aspects projected into 2023.Longby TicMarc2222
$X Swing Trade Gameplan & OverviewHere's my game plan on a current swing trade I'm in on $X. I definitely pulled the trigger a day early on my entry, but we held my stop which was nice. Looking for some continuation until the next levels of resistance are reached to take profit.Long05:52by Almighti_ZeusUpdated 0
X/USDT Monthly Diamond InceptionSo previously we went up from a "Kite Diamond" that I put in blue, later... due to trendlines the pattern is even bigger than before, its potential resets now and we have a massive triangle to potentially mature into and when we pop I gave it new options. Why simply not the original shorter lengths of my rectangular measurements? Well, I added both because as a pattern grows bigger it's "structural relevancy" also increases so it's a possibility it may want to copy the volume well from a smoother perspective we don't have on the monthly. A higher timeframe perspective if you will. I don't have PRO but I can imagine at the very least.by bloodbound6961
X a decent value stock for a Swing LONGNYSE:X X has low volatility as a value stock- it has been in a gradual uptrend with increaing relative volume including spikes the past few days even during a general market selloff. I see it as a potential swing long trade now setup for a relatively low risk trade.\Longby AwesomeAvani2
X Long CallX - UNITED STATES STL CORP Buy Oct-21-22 $30 Strike Calls @ 0.22 Limit to OpenLongby emperiusUpdated 1
Target 32 ( 1 to 5 months )Good Technical and Fundamental ( Earnings ) So Target 32 Duration 1 to 5 monthsLongby Risk_is_yoursUpdated 0