United Steel Corp $X has been bullish since mid 2017 after bouncing off 18.55. But after reaching the 52-week high around 41.75, price retreated. Let's take a look at a couple of possible supports levels.US STL Corp (X) Daily Chart(click to enlarge)Bullish Support:- In a bullish scenario, where we can anticipate price challenging the 41.75 again, price should find support around 35.- The 35 area is a common support/resistance pivot going back to early 2017.- There is also the 50-day simple moving average here.- The RSI would be around 40.- A bounce here would therefore put pressure on the 41.75 high, which means there is a strong chance it can break above.- However, if price breaks below 35, there is a support around 32 as well. - The most important support will probably be around 28.86-30. - Here price will be around a previous key pivot area that goes down to 28. - The RSI should be in the oversold area by then. - A break below 28 would revive a bearish outlook.- But a bounce off of 28-30 area would not be a strong bullish signal. - In this case I would limit the bullish outlook to the 41.75 high, and maintain a lower expectation that price will break through. Instead the expectation would be for a period of consolidation.