$X X STEEL IS AT MAKE OR BREAK LEVEL AND A 2.76 P/E RATIO

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X STEEL HAS REALLY SUFFERED RECENTLY AND RECENT ANALYST DOWNGRADES TO SELL WILL DEFINITELY NOT HELP. CURRENTLY SELLING AT A 2.76 P/E RATIO, WAIT TO SEE IF SUPPORT HOLDS BEFORE ENTERING A LONG WITH STOP BELOW $16.

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