There Is Strength in Steel
Jim Van Meerten submits:
I always begin to look for stocks by using Barchart to screen for stocks hitting the most frequent new highs and then look over the top 10. Today one of the standouts is United States Steel Corporation (X). I guess X marks the spot. X manufacturers and sells steel and coke products with plants in Indiana, Pennsylvania, Alabama and, of all places, the Slovak Republic.
On Barchart the stock has had price appreciation on 11 of the last 20 trading sessions and is 3 for 5 recently. The stock has enjoyed a 27.76% price appreciation in the last 30 days and has a buy signal on 11 of Barchart’s 13 technical indicators with holds on the remaining 2.
Investing, Long Term Investment, stock market | admin March 12, 2010
RSS feed for comments on this post.
