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Us Steel Corp (X) Approaches New Upside Target of $27.72

By James Quinn

Shares of Us Steel Corp (NYSE:X) have bullishly opened above the pivot of $27.04 today and have reached the first resistance level of $27.35. Should the shares continue to rise, the resistance pivots of $27.72 and $28.40 will be of interest.

Us Steel Corp share prices have moved between a 52-week high of $41.83 and the current low of $0.00 and are currently at $0.00 per share. The 200-day and 50-day moving averages have moved 0.24% higher and 5.94% higher over the past week, respectively.

Us Steel Corp has overhead space with shares priced $0.00, or 100.0% below the average consensus analyst price target of $26.42. The stock should find initial resistance at its 200-day moving average (MA) of $12.50 and further resistance at its 50-day MA of $15.96.

SmarTrend recommended that subscribers consider buying shares of Us Steel Corp on July 19th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $23.84. Since that recommendation, shares of Us Steel Corp have risen 13.2%. We continue to monitor X for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: pivot alerts us steel corp

Ticker(s): X