Anbat

X- Big Huge Cup/Handle Pattern

Long
NYSE:X   United States Steel Corporation
5
On weekly X stock, believe that big huge cup and handle pattern is about completed. Will be looking at buying shares and/or selling covered calls soon. PA is at a key reversal area or support on fib. retracment of .618 (holding for last 5 to 6 weeks). How to trade, on breakout of handle with bullish price reversal candlestick pattern (HARAMI, ENGULFING AND/OR PINBAR), support area of $20.00 (which is right now). Remember basic materials, will be stable at this time.
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