Remind of who is going to give it to ya. $X

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walllstreetbets·@starwarz·5 years ago

0.000 HBD

Remind of who is going to give it to ya. $X

$X is United States Steel Corporation. Used to be in the SP500 and is in the "Dogs of the Dow"

Basically a fallen King with 5 Billion Market Cap now.

Here is the daily chart, you may notice a noice cup and handle forming.

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[Fancy $X Chart](https://preview.redd.it/72xnazcak6q61.png?width=1354&format=png&auto=webp&s=171cf977260d1391e9b5af8b18ffe45ab00052bd)

Steel prices have been sky rocketing for a little bit now and are expected to continue to rise.

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[Steel price DD](https://preview.redd.it/8gfuhphcj6q61.png?width=629&format=png&auto=webp&s=dec1d26379965ab13c9703adad3747c4c6beba2b)

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After doing some math, I figure some of the new 3T infrastructure bill will end up in $X's pockets.

My plan is to buy shares on the dips. Currently only have about 200 shares though. 

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[Smol account, fully diversified ](https://preview.redd.it/ic9ud1zqk6q61.png?width=953&format=png&auto=webp&s=c263fdb08daf6f6cdb4e53e252aa144b15fff0ed)

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