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United States Steel Corp. Message Board

  • justasklee justasklee Sep 10, 2013 2:36 PM Flag

    Mike’s MPTrader Mid-Day Minute

    Strength in U.S. Steel - Today’s strength in United States Steel Corp. (X) has propelled the stock above a 4 1/2 month resistance plateau that also releases the upside potential implied by the intermediate-term base/accumulation pattern.

    The ability of X to sustain its gains above 19.50 greatly increases the likelihood of upside continuation towards 20.60-21.00 next, on the way to 22.00 thereafter.

16.33+0.44(+2.77%)Sep 2 4:02 PMEDT