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bhowe
May 24, 2016 1:13 PM

X USSTEEL Long

United States Steel CorporationNYSE

Description

X, USSTEEL looks primed for another run higher. Short term RSI and longer term %R have bottomed at over sold and are turning higher. MACD seems to be headed higher. X appears to have formed a rounded bottom which is acting as support along with the 200sma. Stochastics is giving a buy signal. Low risk entry with stop at $12.76. Good luck.
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