Currently, the price of stock X (X stock price – UNITED STATES STEEL CORPORATION) according to the 1D chart is $29.28. According to the 1D chart, the price is having a slight correction when it meets the resistance area at $30.5 – $31.5. However, overall, USS (X) stock price is still in an uptrend and is trending up to reach strong resistance in the $39-$40 price zone.
Trade Idea: Buy gradually at the current price zone and watch for the price reaction at the Bollinger Band 1D resistance area ($29.20). Stop loss if the price breaks the $27 support area. Take profit at target $38.8.
