A look at United States Steel Corp.
United States Steel Corp. ($X) is breaking out of downward channel and is now above its 50 day moving average. The stock has established a floor around $6.50. X was last at $8.43 on a volume of 15,350,600. Average daily volume has been at 10,352,661. This increase on higher volume is a good signal for further upside.
United States Steel Corp is an integrated steel producer of flat-rolled and tubular products with production operations in North America and Europe.