The U.S. Steel weekly cycle bottoms on the 18th as depicted below. Of the last seven buy signals, five have been profitable. This projection is supported by the seasonal cycle. The stock has risen 64% of the time in the month of November and 66.7% of the time in December. The expected return, respectively, in these months has been 4.5% and 7.8%. The stock is likely to reach $29.
The US Steel weekly cycle bottoms now.Cycles Research Investments LLC
Relative strength has firmed.Cycles Research Investments LLC
The weekly cycle of Vornado Realty also rises in the coming weeks. Seven of the last eight buy signals have been profitable. The stock may rise to the mid-seventies.