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NewYork888

X U.S. Steel A Potential Great Value Stock @ Sub $10 Not Here

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United States Steel Corporation (NYSE:X)  
NewYork888 Updated   
NYSE:X   United States Steel Corporation
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Yes you read that title correct - this name on a crash can go all the way back to $8 and be an exceptional long term hold - we are not and would not short this name but will back up the truck at the right price. Be careful of bulltrap bounces on this name right in this $17 to $18 area. #stocks #trading #steel
Comment:
Possibly as generational deep value stock in the making - looking for $8.50 we'll see if it gets there along with FCX ( looking for sub $4) another great one to watch
Comment:
We DO NOT believe this bounce - we'll see.
Comment:
We STRONGLY think this name sees $8 in the future. That said it could see a very strong bounce on a trade deal with China - we would NOT short this name because of that but we want to get long at $7 to $8 We'll see.
Comment:
Getting there on what we think can be a GREAT deep value stock at the rigth price -same goes for FCX under $4
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