brianmontgomery

X Post Earnings Analysis

NYSE:X   UNITED STATES STEEL CORP
X is killing it after a big earnings beat. I would enter a bullish trade on X if it pulls back and maintains its bullish trend . It seems as though the EMA 50 might catch back up to the price and could provide support or become resistance on a cross. I will need to see more before I would have enough inclination to enter.

This idea and analysis is part of a 3-month trading challenge in which I am only using the EMA 50 to indicate trades.
Comment: X opens the day with more losses. Time will tell if this is a pull back or a reversal back to a SMA 50 touch. With so much bullish sentiment since 30JUN, it would be ambitious to call this a reversal. If X shows signs of a bounce near the 24.75 mark I will take this as an opportunity to enter bullish.
Comment: Could be forming a flag pattern here. This is becoming more and more of a bullish watch for me.
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out