This Is The Upside Target On $X

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Shares of United States Steel Corporation (NYSE:X) continue to rally today as the market jumps on French election relief. U.S. Steel is coming off key support and will continue to grind higher until it hits $39.40. Once there, investors should think about taking profits as a pull back will begin. How much of a pull back? That remains to be seen as the market fights through new hurdles like a possible government shutdown later this week. See the chart below to understand the technical target level.

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