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United States Steel Corporation

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X trade ideas

X inverted head and shouldersX Head and Shoulders English: 1.The price falls to a trough and then rises. 2. The price falls below the former trough and then rises again. 3. Finally, the price falls again, but not as far as the second trough. The first and third peaks are shoulders, and the second peak forms the head. 1- Aiming important resistance level at 36.44 Wait for the Breakout of the neckline Español: 1. El precio llegó a un mínimo y luego aumentó 2. Después el precio bajó y llego a un nuevo mínimo mas bajo y luego subió. 3. Por ultimo el precio bajó también, pero no alcanzó el punto mínimo del segundo pico (cabeza). más bien llegó a un punto similar al primero. El primero y el tercer pico pasarían a formar los hombros del patrón y el segundo pico la cabeza. 1- Tomando como objetivo el nivel de resistencia 36.44 Esperen a la ruptura de la linea de cuello para confirmar patron
NYSE:XLong
by Tecnologia_Financiera
So You Want To Buy $X Do You? Don't Pull The Trigger Until ThisOver the last few days, shares of United States Steel Corporation (NYSE:X) have finally started to pull back. This coming after a surge from $17 to $39 in just over a month. That is a whopping 130% move in the stock. The stock has already fallen almost 13% off its recent highs, but investors should not be rushing to buy. Based on multiple calculations, the stock will continue to sell off over the next month or two, falling to a buy target of $27.65. At this price, U.S Steel Corp finally becomes an attractive buy and will have retraced approximately 50% of the move up. Aggressive investors can be short the stock on the move down, but expect a lot of chop. Safe investors should wait patiently for the buy level to hit.
NYSE:X
by jenny_rebekka