United States Steel Corporation (X)

[tootalljones]

close of 30, possibly 50 cents less, is a Katie Bar the Door Breakout.
X traded above 30 in the past year ONLY intraday, but never closed at that 30 or even close to 30. X has been in a very long consolidation, 15 months, ready to slingshot to entirely different price range. This is now a strong impulsive move based on rock solid fundamentals and an absurd PE, and an HRC price which now appears to have based. Throw in current events and we are about ready for an explosive breakout higher which will tear the intraday high (30.57) and closing high (29.33) of
August 18 into confetti newspaper. We are soon set to obviously blast off...
Date Open High Low Close* Adj Close** Volume
Aug 20, 2021 27.63 28.04 26.63 27.01 26.90 17,968,500
Aug 19, 2021 28.50 28.58 26.91 27.33 27.22 28,821,000
Aug 18, 2021 28.06 30.57 27.88 29.45 29.33 36,758,900
Aug 17, 2021 28.56 28.98 27.58 28.26 28.14 19,164,600