dip is on the uptrend is now!nice trend channel its started ever since it found its bottom last year, dip entry 20, stop loss 18, price target 24, decent risk reward here! goodluck to all longs :)Longby Vibranium_Capital19
X short (temporally)Expect further declines to convergence level at appx 20.12. Then load up more (I'm long X).Shortby richymag1010
+50% Bullish Move coming on XGood morning traders, today we want to show you our bullish projection on X, since we consider that it has excellent potential for the medium-long term. 🔸To achieve this analysis, we draw the corrective pattern on the monthly chart that has been taking shape since the great fall of 2008, it is a kind of wedge. 🔸The main characteristic of the wedges is that they are composed of 5 ABCDE waves, and in the current figure we see that 4 of the 5 have been formed. 🔸Wave D generated a double bottom in the previous support zone, and since then the price has been rising aggressively, which shows a lot of buying strength in this stock. 🔸We consider that wave E is happening right now, and the target zone corresponds to the Descending Trendline, which is in confluence with a supply zone. 🔸This upward movement corresponds to a rise of approximately 50% in the price. Longby ThinkingAntsOk335
[Trade Setup] US Steel (US)(X)(Wide SL)(Freebie)Justification: Breakout of resistance with good momentum. Potential mid term trend reversal VERY WIDE SL. 2 ENTRIES IS A MUST!Longby NimbusCapital6
Price target $20 if steel goes bullish and we see breaks in resistance The high I can expect is the the $20s. $4 profit a share. I like it wait for break over $17.30 to be completely sure of the bulls coming.Longby nah02
X pulled back enough, go longWith the reopening and eventual infrastructure bill X should be a good long-term hold. It appears to have formed a falling wedge. These tailwinds combined with the chart pattern where it seems that X has corrected enough to begin to trade upwards again. Longby EBITDAtiger2
XMID-TERM: 4hr hidden bullish divergence and bull flag at a major historical support, target is historical resistance and top of flag. (Not financial advice and the stock market is a bit uncertain right now)Longby Champion-VibeUpdated 2
united states steel company analysiswe see that 1- the price now is in 16.79$ which is facing the resistance level 18.48$ and also facing the MA200 which the price didn't cross it since 745 days ago ( that's mean it is a strong resistance ) 2- there is three positive buy signal are still active what we have to do now ? 1- it is ok if we take a position in this level according to the robo signals 2- to be sure we wait to cross the resistance level 18.48$ in weekly frame and the robo signals still active . 3- to be more accurate and positive traders when the price crossing the MA200 we increase the our value in this trade Finally ROBO signals are important we have to keep watching them to increase our profit and minimize loosing money if it is happen trade with your own responsibility by Engineer-ibra2
X United Steel buying opportunityPlease follow the black line for buy and profit taking targets.Longby heshamahli0
The Great American Re-start : Rated X "Let me control a nations steel production and I will show you how to disarm or win battles. " - made it up or heard it from someone Created back in 1901 by New York's most famous names, United States steel was incorporated on February 25. Since then we've seen multiple wars: Crazy Snake Rebellion Border War Negro Rebellion WW1 WW2 Cold War Golf War to American Intervention in Libya (to name a few). These were all examples of how American Steel conquered and protected our freedoms. However, when a specific country entered the WHO around 1999-2001, a unseen battle started to take place at home. Cheap steel from abroad flooded the shores of the American heart land. Industry took advantage of it. But suddenly feel for the honey-trap. As cheap steel flooded in, profits by the cheap steel producers quietly consumed shares of our American might....slowly crippling us from with in. Fast forward 20 years.... I believe the trade tariff steel stung us in the short run. However, now It will help us greatly especially during the time of 'the pandemic.' Why? In short. We cant rely on others. American Made must restart. (look up: foreign companies buying up UK steel) I still believe steel output is vital to home grown manufacturing of steel goods. I also believe the shortage of supplies because of the 'trade-war' had made buying at home extremely important to our supply chain. Technical Analysis Great upside swing in the 5 day. Tuesdays pop smashed past the 70 on the rsi 14. Todays price action landed us back to the 'buy buy buy' zone. Will we see 30+ before February 25? Happy 120! Position - Bull-Bias Long Shares and Long Calls Disclaimer: Short and fast rumble. Needed to get the ideas out. Grammar mistakes, etc... Bull-Bias. NOT FINANCIAL ADVICE sources: war: in MLA format en.wikipedia.orgLongby MartyLardy2
United States Steel, Return to Glory?Range established. Quarter up. If elected, Biden will do the infrastructure that Trump promised but never did. To anyone crazy enough to still be short over the past 3 months, beware. Longby NicAdamsUpdated 221
US Steel: Broken out and ready to goUS Steel has reached an interim cyclical bottom and should be poised for a good rally from hereLongby torquioUpdated 112
too up too fast. May we have spoken too soon?It would seem the current conditions of tariffs that has been holding this stock down for so long may remain in place for years to come. Biden has suggested his policy is uncertain and will be determined by his team.by chefdrewmem0
GLJ Research Upgrades US Steel (X) to BuyGLJ Research analyst Gordon Johnson upgraded US Steel (NYSE: X) from Hold to Buy with a price target of $17.30. -Foreseeing a revival of car demand in the U.S., and a revival of "high-end auto steel markets" alongside it, GLJ says it is currently seeing the "most bullish setup we've seen for the US steel sector since mid-2019. -Global steel prices surging, This is happening at the same time as the U.S. steel market is enduring "acute shortages" in supply. -GLJ sees "massive ... liquidity" from government stimulus efforts, and more coming down the pike from a "stimulus-friendly Biden Administration." - In GLJ's view, U.S. Steel, which cost $11 and change yesterday could conceivably soar as high as $17.30 over the next 12 months www.fool.com www.streetinsider.comby AlenCiken1
$X Unites States Steel Day short term Trade setup Potential entry above $12.10 targets price 413.20 Longby RedHotStocks119
probably the best looking chart in the market!!Presuming a Biden administration could ease tariffs imposed by the Trump administration, we should see relief in the steel industry and a renewed upward trajectory.Longby chefdrewmem0
Bearish Divergence with some big gapsRSI was pretty high on start of diverging line. Those 2 big gaps up look pretty FOMO heavy as well, would like to see a big red volume day to confirm reversal.Shortby Jicka0
$X shortIts possible price can fall to $10. Possibly forming an descending triangleShortby pmgaiUpdated 1