United States Steel Corporation X

$MRIN FTW

$X forming a bearish candle on all time frames up to 45 minutes. Hope this turns around.

$X bought at $27.81 wanted to sell at $28.81 for a quick trade. Sold at $27.60…took my gains and will wait and see a “sell the news” event. If not, guess I buy back in higher :).

$X check out $CNDT, they just blew earnings out. 4 billion annual revenue with only 1.3 billion market cap. Let’s get the apes on board ?

$X $CLF anyone else notice the ADX has been dropping on these moves up. Another indicator of many flashing warning signs as everything moves higher. I would/am trade these with caution and don’t hold overnight if possible. This market is not based on fundamentals or future economic activity as we used to think. Buy/add some physical gold while it is cheap if you can…longer term this will look like fire sale prices.
GL

$CNDT Record Quarter ????
https://www.globenewswire.com/news-release/2021/08/05/2276030/0/en/Conduent-Achieves-Record-Quarter-of-Year-over-Year-Revenue-Growth-and-New-Business-Signings.html
$X

$CNDT blew earnings out! $4 Billion in annual revenue and only 1.4B market cap.
Carl Icahn owns 36 Million shares. This is set to take off! Upgrades coming very soon???? $X

$X today’s chart looks very very weak. If you’re trading this, I would hold off entering a position today. We really need to regain the 52wk high to confirm momentum and next leg higher or more downside in the short term in my opinion.

$X go to shortsqueeze.com for short data. It is very very low for the steel gang.

$X this is what we have been waiting for….let’s see how steel reacts.