United States Steel dropped again today due to the Chinese taxation on US Steel imports.
Demand of Steel continues to go up. I am bullish on Steel companies. TheStreet.com is obviously trying to pump Steel companies as evident by their constant buy calls for Steel companies. Even their employee Cramer is positive on all steel companies.
$77 target.
Today’s candle is supported by the 20 day SMA.
We need a solid move upward to confirm the Bull Trend.
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