BullBear Trading: Stock and Financial Market Technical Analysis

U.S. Steel had a rough week.In fact, it has been a rough two weeks with the stock falling from $27 to just above $20. As it continues to fall, smart investors will be looking for where it will bounce. The bounce is likely to occur at a support trend line at $18.30-$18.50. I will be buying it at this level and expecting as much as a 10% bounce within days.

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Posted by Annabelle Trader on Verified Investing.

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