Happy New Year, folks!
United Steel (X) is leading the way for the basic materials sector. United Steel had broken out of a nice basing pattern formed over a few month and had also gap up above its horizontal resistance and is now nibbling on its current resistance at $28.50. A close above $28.50 would be extremely bullish for this stock.
Click on chart to enlarge (Daily Chart)
Click on chart to enlarge (Weekly Chart)
United Steel (X) is leading the way for the basic materials sector. United Steel had broken out of a nice basing pattern formed over a few month and had also gap up above its horizontal resistance and is now nibbling on its current resistance at $28.50. A close above $28.50 would be extremely bullish for this stock.
Click on chart to enlarge (Daily Chart)
Click on chart to enlarge (Weekly Chart)
No comments:
Post a Comment