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fallingumbrellaman
Aug 29, 2017 6:31 PM

Limited risk opportunity to sell $X Short

United States Steel CorporationNYSE

Description

Negative RSI divergence on the hourly and lower time frames after today's monster rally up. Also weak volume so far today. Long wicked candle at longterm channel/flag resistance. If we go above the high of today $26.32 I would cover around there OR if we close above the channel.

It appears that X has a history of these huge rally's into the resistance, then dumping back down to the lower channel support.

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stopped!
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