Steel ends lower - Analysis - 21-03-2018

US Steel Corporation's stock (X) fell in the intraday levels, recording a loss of 1.38% in the last session, or 0.54 points, with negative pressure from the 50-day SMA, countered with the dominance of the main upward trend in the medium and short terms, while a positive divergence forms in the Stochastic indicator as shown below the attached chart. 

Therefore we expect the stock to return higher, provided the resistance of 41.83 was breached, targeting the next one at 48.18.