US Steel heads south - Analysis - 23-04-2019
Economies.com
2019-04-23 13:32PM UTC
US Steel Corporation's stock kept falling in the short term after piercing the pivotal support of 17.09, amid the complete dominance of the main downward trend in the medium and short terms, with negative pressure from the 50-day SMA, while the RSI reached oversold levels.
Therefore we expect the stock to retreat as long as it settles below 17.09, targeting the support of 12.33.
Expected trend for today: Bearish
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