Login

Register

Login

Register

U.S. Steel Trend Line Alert

Shares of U.S. Steel (X) are falling as the stock unwinds an overbought situation as the infrastructure bill has stalled in the near-term. As U.S. Steel falls, investors can look at a major trend line of support stretching back from to September 2020, when the stock was under $7/share. That trend line connects through all lows following and gives a major basis of technical support. The current trend line sits at $19.85. With the stock trading near $21.25, it signals further downside. However, swing traders should be ready for a bounce at the $19.85 level.

Members of Gareth’s Verified Investing Alerts closed out a total of 206 swing trades in 2020 for a net gain of 1,507.67%. Gareth has already banked 398.49% net (42 winners, 1 loser), in Verified Investing Alerts in 2021 for members!  Join now and get the exact entry/exit price alerts, stops and targets…LIVE as well as daily videos, weekly live broadcasts and free educational videos. Get The Action NOW by Clicking HERE.