US Steel (X) had a very strong day yesterday in continuation of its ascent towards $33. It follows the investment theme that an economic recovery will push basic materials stocks higher. On Balance Volume continues to be strong and I consider any pullback close to $27.50 an entry opportunity while keeping a stop around $25.
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X 10 Min Chart
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X Daily Chart
About Stock Trade Journal
The information in this blog is not investment advice. Please consult a financial advisor before investing. I have been trading stock since the 1990's and survived the .com crash. I am developing software applications to help me trade better and now I am making them available to help other traders.
This blog is also a way to share my experiences and observations in the market.
