United States Steel Corp.(NYSE: X) Brings Momentum, Targeting $50

United States Steel Corp.(NYSE: X) Brings Momentum, Targeting $50

1
X stock price is trading in the bull trajectory and is close to the breakout region.
2
Buyers have shown bullishness and are trying to reach the $50 level.
United States Steel Corporation (NYSE: X) X stock price was in the bullish region and persisted in accumulating the gains for the past sessions. Furthermore, the price action shows the long buildup activity and delivers the buying interest in the past trading sessions. The chart shows the breakout with a massive gap up above the barrier of $25, forming a golden crossover. Afterwards, bulls sustained the gap up, and follow-on buying was witnessed, which instilling strong conviction that X stock has ended the correction and fresh bullishness takes place.
X stock is now forming an ascending triangle pattern, and the price is close to the upper neckline of $35, which, if surpassed, sharp buying momentum will take place, and stock may retest $50. Moreover, the chart prefers the bulls and suggests that bu

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