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

in #walllstreetbets3 years ago

$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.

Fancy $X Chart

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

Steel price DD

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.

Smol account, fully diversified