DEXWireNews

$X Have we reached the bottom for 2019 in US Steel?

Long
NYSE:X   United States Steel Corporation
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.

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