United States Steel Corporation ( NYSE:X ) Sector: Non-Energy Minerals (Steel) Market Capitalization: 8.198B Current Price: $31.42 Breakout price: $30.55 Buy Zone (Top/Bottom Range): $29.45-$26.95 Price Target: $38.00-$39.30 Estimated Duration to Target: 65-69d Contract of Interest: $X 5/20/22 35c Trade price as of publish date: $2.50/contract
GOOD MORNING, Today, there are several indicators for the X stock, and all of these indicators say that there is a rise in the coming days, so I think it is good to buy now. First, we are above the VWAP and above the resistance, so we are a little protected, especially since they are resistances related to days, Second, the 4EMA indicator is in the correct order...
Tata Steel is forming a head and shoulder pattern and if it fails to break 1250level we can definitely get a opportunity to short. Only for educational purpose. I am not a SEBI registered individual and I will not be liable of your losses if any.
26/02/22 THE FORECAST FOR WEEK 1 MARCH 2022 IS = BULL COMBINED FORECAST FOR MARCH 2022 = BULL (unanimously Bull) DAYS WEEK 4 OF FEB FORECAST WAS = NOT ASSESSMENT COMPLETED PROBABILITY OF DAYS FOR WEEK 1 MARCH = BULL This week the retracement was completed. Opening Mon-Wed the candles were small and insignificant, running the retracement through its process....
Some steel indexes (STI) shows that 2021 was a peculiar year, there was a lot of demand due to stymulus everywhere. The index was conoslidating in the las 2 months, let's see if "winds of war" make of steel an expensive commodity and for hor long...
If JSE:ACL close below the 50EMA, we might pick it up near R7.50. So vele people are selling because there's no dividend?
Hi All, Please refer chart for detailed explanation on technical analysis . Falling wedge is one the most accurate pattern. One can use buy on dips strategy. If you think my analysis is helpful than please do like my idea. For future reference do follow me so that you do not miss any of my analyses. You can also check my Axis Bank trade for 20% return. Link is...
Metal index is showing good moves after budget along with Elliot wave counts. Possibly wave i & ii of 5 is completed, and possibly wave III of 5th is started. Wave Structure could be like this Macd in daily Macd in hourly Rsi in hourly Bollinger band challenged in hourly Dmi adx also positive Disclaimer I am not sebi registered analyst My studies are...
If cross the green line and stay 2-3 days then buy. Or buy if cross the gray line
Norfolk Southern Corp. operates more than 19,000 miles of rail road in the U.S. With a #2 ranking in the IBD Group Leadership and a RS line rating of 84, NSC is close of making an ATH. This is a sign of very good technicals. On the fundamental side, it had a revenues increas of 15% to $8.29B for the nine months ended 30 September 2021. Also, for the last 3...
This Steel-Producer might be the percfect example of good technicals and good fundamentals. After a good bull run from March to August is been forming a base that has been tightening from left to right, with low volume on down days and high volume on up days. That is the kind of action I like to see before a buy signal. According to @TradeStation, for the nine...
We can see global growing trend since March of 2020 on a different timeframes. Nearest support zone is $51.3 - $52.01. Target poins are $57.23 (upside ~4.5%) ana $62.4 (upside ~ 14.5%). Open price is current market.
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Recap: My teams still holding $CLF shares from our three entries at $13.27,...
As i said in the video wait for breakout to happen, risky trader may accumulate it @CMP for a target of 52week high/1630+ This is not a call/financial advice and it meant for educational purpose only. I'm not responsible for your profit/losses. check out my other videos too. Hope you guys found useful. Thank you.
Enter only above yellow range and red are the targets, green is the SL, one can trail the position till the Green trend line breaks Share your thought on this, Thank you.
Tenaris is in the Steel manufacturing and supply business. With the recent passing of the infrastructure bill it's no wonder we are seeing a weekly breakout here. Looking for more continuation this week with a near term PT to the next line of resistance $27 zone. Love to see the EMA's opening up and MACD bullish cross for confluence. I'm in NOV $25 calls,...
NYSE:CMC - this company is in the correct sector to directly benefit from the infrastructure bill. It is forming a Cup basing formation. If the market reacts positively to the news of the Infrastructure Bill getting signed, the vertically integrated steel producer stands to benefit from all of the national construction products that will ensue, especially if...
NSE:APLAPOLLO The stock has taken support on the support trendline and looks to have started a bullish trend. One can enter for a swing opportunity at CMP. Target 1 in the previous swing high of 982. Target 2 is the resistance trendline. Target 3 is 1193 which is Fib retracement line. keep a trailing SL below the support trendline. Happy Trading.