United Steel pares gains - Analysis - 12-12-2019

Economies.com
2019-12-12 13:06PM UTC

United Steel's stock barely inched down 0.07% in the last session away from a high at 14.43, while trading alongside the upward short-term trend line, with support from the 50-day SMA, countered by negative signals from the RSI. 

 

Therefore we expect the stock to rise and target the first resistance at 14.85. 

 

Expected trend for today: Bullish 

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