jchemile

Trend Evolution for X using basics trendline.

Short
NYSE:X   United States Steel Corporation
Using the basics trendline analysis for X we can see that We are in a bullish channel . At least the security be close to 26.25.

However, in the last three days, we can see a Key Reversal that is pushing the price to channel support.

A price to start accumulating this security is around 21.06 which is near 10% of losses and near the support of 20.43

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