Trump Torpedoes US Steel Deal, X Stock Tumbles Despite Bullish Chart
1. U.S. Steel shares fell 10% in premarket trading on April 10. 2. Trump's statement undermines Nippon Steel's $14 billion bid for U.S. Steel. 3. Stock soared 38% year-to-date but now faces major political uncertainty. 4. Technical indicators remain bullish despite the recent price drop. 5. Political interference has plagued the Nippon Steel deal from its inception.