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dorfmanmaster
Mar 30, 2021 7:41 PM

Infrastructure Bill helping Steel 

United States Steel CorporationNYSE

Description

Technical Analysis
We are breaking out to a 52-week high, with heavy volume (100%+ stronger volume intraday vs its 10-day average volume)

First measured move target is at $32, which is coincidental with a Fibonnaci 61.8% level.

OBV is supportive of the overall uptrend.


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Take a look at USCR (US Concrete) which is rallying in my opinion based on the same infrastructure scenario.
If you would like a chart analysis on this symbol, please let me know.



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