X -US Steel, maybe a little higher
This may have a few more days of gains.
Notice the MACD BLUE line still hasn't curled to begin cross under YELLOW signal line.
RSI still has potential to climb a little higher until it is in high oversold territory.
1D candle is above the Bollinger Band so be careful.
I like the 0.818 fib and BLUE upper trend line a close - I believe that is a short term target, be for a sell off and cool down.
Long term - this is Bullish. Just not an entry point yet.
Good Luck
Notice the MACD BLUE line still hasn't curled to begin cross under YELLOW signal line.
RSI still has potential to climb a little higher until it is in high oversold territory.
1D candle is above the Bollinger Band so be careful.
I like the 0.818 fib and BLUE upper trend line a close - I believe that is a short term target, be for a sell off and cool down.
Long term - this is Bullish. Just not an entry point yet.
Good Luck
Possible entry today, MACD is curling up