-Adjusted Q1 guidance upward, net earnings to $265M and $1.02/share from $160M and $0.61/share.
-Business fundamentals remain strong, and the company should continue to benefit from increased demand for steel from a strong global outlook
-U.S. Steel shares will benefit from a weaker dollar, continuation of steel import tariffs, and upcoming Infustracture spending bill
Short Term Trend Up, 20MA > 50MA
Stoch RSI, Buy Signal
Expecting breakout on this third touch of 24.50
-Business fundamentals remain strong, and the company should continue to benefit from increased demand for steel from a strong global outlook
-U.S. Steel shares will benefit from a weaker dollar, continuation of steel import tariffs, and upcoming Infustracture spending bill
Short Term Trend Up, 20MA > 50MA
Stoch RSI, Buy Signal
Expecting breakout on this third touch of 24.50