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Stock Market & Financial Investment News

News Breaks
December 14, 2012
14:03 EDTXU.S. Steel breaks out above resistance, new bullish pattern active
The shares are up over 6.3%, breaking out above resistance. Strength today has been attributed to takeover rumors that are unconfirmed. On a technical basis, there is a new bullish price pattern, a bullish symmetrical triangle, that is now active and best visible on a weekly chart. If this pattern remains active and completes, upside could be to the $29 to $30 area over time. This is an area of some resistance from earlier this year. Support is at $23.55.
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April 9, 2014
10:02 EDTXBofA/Merrill's US autos/auto parts analyst has analyst/industry conference call
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07:48 EDTXBofA/Merrill's steel analysts hold an analyst/industry conference call
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April 3, 2014
07:01 EDTXU.S. Steel names David Britten to newly created position of CTO
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