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Pullback Soon!
Cleveland-Cliffs Inc.
Short
Pullback Soon!
By MonetaryRebel
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Updated
Jun 29, 2021
5
8
8
Jun 15, 2021
Ending diagonals are my new favorite formation. Been seeing them in a lot of stock charts lately.
This one looks pretty clear. The wave 3 structure is gorgeous.
RSI broke down when we entered (iv) and we've been retesting the bottom ever since.
All these things are big indicators that a pullback will happen soon.
-40% seems like a lot, but that's what the chart says.
Jun 29, 2021
Note
So far so good.
Jul 2, 2021
Note
Bought more puts just now.
Looking for a larger move downward over the next few weeks.
Chart Patterns
CLF
Commodities
RAW
rawmaterial
short
steel
Trend Analysis
Wave Analysis
MonetaryRebel
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