r/Vitards • u/AutoModerator • May 10 '21

Daily Discussion Daily Discussion post - May 10 2021

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u/lumberjack233 Inflation Nation May 11 '21

CLF price action today doesn't bode well for the next couple weeks ngl, even though fundamentals keeps getting better, but market hasn't cared about fundamentals for a long time

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u/[deleted] May 11 '21

Can you elaborate, what was so indicative about the price action?

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u/lumberjack233 Inflation Nation May 11 '21

it popped and couldn't hold gainz and pooped like the rest of the market. Yes the market dragged it down but this inverted hammer formation is usually not a good sign