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U.S. Steel (X) has had a rough few years to say the least (Down 80% from its 2007 highs) What has steel done for investors of late? Steel is up almost 30% in 30 days!!!
Premium Members bought U.S. Steel a little over a month ago and so far its been a good ride. Now what?
How X handles the dual resistance coming into play at (1) in the chart above will tell us a ton in regards to Steel recouping more of its huge losses over the past few years!
Can X hurdle this dual resistance….stay tuned and keep stops in place!