Is it possible that US Steel (X) is finally catching a bid from a
breakout (and reversal pattern) from a long-term resistance level?
Could this be the start of a new long-term uptrend in price?
Let’s take a look at the Weekly and Monthly Chart to give us some clues for a longer-term play.
First, let’s start with the long-term “Rounded Reversal” or Saucer
Reversal pattern that has developed since mid-2011 to present
(mid-2014). (more)
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