peterbhc

X -US Steel, maybe a little higher

peterbhc Updated   
NYSE:X   United States Steel Corporation
This may have a few more days of gains.

Notice the MACD BLUE line still hasn't curled to begin cross under YELLOW signal line.

RSI still has potential to climb a little higher until it is in high oversold territory.

1D candle is above the Bollinger Band so be careful.

I like the 0.818 fib and BLUE upper trend line a close - I believe that is a short term target, be for a sell off and cool down.

Long term - this is Bullish. Just not an entry point yet.

Good Luck
Comment:

Possible entry today, MACD is curling up
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