J_Strauss

Break Out or Break Down ?!

NYSE:X   United States Steel Corporation
Indecisive for the moment, either :

1) Break out of the yearly downtrend channel is true
You can see there :
2) False Break out + Risk of Break Down
You can see a nice raising wedge on the daily chart + It justs hit hard the bollinger bands + oversold condition

==> Have to wait Thurday for the confirmation probably.

Do you have an opinion ;) ?
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