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17.8% Return Seen to Date on SmarTrend U.S. Steel Call (X)
Jan 10, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for U.S. Steel (NYSE:X) on November 29th, 2012 at $21.94. In approximately 1 month, U.S. Steel has returned 17.85% as of today's recent price of $25.85.
Over the past year, U.S. Steel has traded in a range of $17.67 to $32.52 and is now at $25.85, 46% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 0.9%.
United States Steel Corporation is an integrated steel producer with production operations in North America and Europe. The Company's operations include coke production in both North America and Europe and iron ore pellets in North America, transportation services (railroad and barge operations), real estate operations, and engineering and consulting services in North America.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of U.S. Steel shares.Log in and add U.S. Steel (X) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup
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