Today we will analyze the stock US STEEL (USX1.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in US STEEL (USX1.DE)
1- Last bearish trend was from 44.00 $ (12/30/2010) to 33.62 $ (4/19/2011) a 10.38 $ move 2- The current bullish trend started from 33.62 $ at 4/19/2011 and is currently trading at 36.60 $.
3- USX1.DE current support level is at 36.07 which is the 23.60 % fibonacci retracement of the last 10.38 $ move.
4- USX1.DE current resistance level is at 37.59 which is the 38.20 % fibonacci retracement of the last 10.38 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
US STEEL (USX1.DE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 44.000 and 45.000, and is currently resisting at 39.667.
US STEEL (USX1.DE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 33.620 and 26.000, and is currently supporting at 34.043.
US STEEL (USX1.DE) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
US STEEL (USX1.DE) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 37.59, 38.81, 39.67, 40.03, 44.00, 46.82, 50.41.
Stock Support levels : 36.07, 35.90, 35.46, 35.11, 34.76, 34.04, 33.62,.