2waytrading

Follow Up Previous Post (Watch $47.33 and $45.05 for close)

NYSE:X   UNITED STATES STEEL CORP
145 0 3
A month ago, we took to analyse the ascending bullish triangle plus the run away gap up. It looks short sellers are not buying recent change of trend after a sustained downward trend for last 5-years. It seems now the stock in an early stage of come back but yet needs to be seen if it will sustain next few months. if price now solves overhead resistance 47.33 area, next major resistance will be at $63 area. If you need a real time alert try us http://www.2waytrading.com
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