US Steel Corporation (X)

[ak17072001]

Pps dropped due to market, high rsi, no new catalysts coming out, some analysts undercutting x's projected earnings to a larger than last year loss and seeking alpha and iknowfirst articles. Iknowfirst seems to be a popular logarythmic predictor. They rated x a sell for the next 3—6 months but a buy 1 year out. My play, your other steel play, they rated a buy all the way through. My hope is we take x above resistance at 32 on or after earnings. 32 area has a lot of sellers.