Comments on: US Steel Major Rally from Support Could Mean Economic Growth Ahead

By: Corey Rosenbloom, CMT

Corey Rosenbloom, CMT — Fri, 08 Jan 2010 05:31:52 +0000

Haha – in light of the unemployment situation, stocks continue to rally still. Wild disconnect.

Corey Rosenbloom, CMT — Fri, 08 Jan 2010 05:31:08 +0000

Andy,

That's right! I didn't see that – I'm not one to spot C&H usually.

Looking at the weekly chart, a good target might be the $70 or $80 level – the 200 week SMA and a prior gap zone in that area.

redvetttes — Fri, 08 Jan 2010 04:17:52 +0000

your right when they hire 11.000.000 people

andy07cole — Fri, 08 Jan 2010 03:36:50 +0000

if you look at a two year chart theres a cup and handle formation breakout. definitely bullish

Corey Rosenbloom, CMT — Thu, 07 Jan 2010 23:31:52 +0000

Haha – in light of the unemployment situation, stocks continue to rally still. Wild disconnect.

Corey Rosenbloom, CMT — Thu, 07 Jan 2010 23:31:08 +0000

Andy,

That's right! I didn't see that – I'm not one to spot C&H usually.

Looking at the weekly chart, a good target might be the $70 or $80 level – the 200 week SMA and a prior gap zone in that area.

redvetttes — Thu, 07 Jan 2010 22:17:52 +0000

your right when they hire 11.000.000 people

andy07cole — Thu, 07 Jan 2010 21:36:50 +0000

if you look at a two year chart theres a cup and handle formation breakout. definitely bullish