CLF is like a clock! Is there anything prettier than a stock that oscillates in channel? The peak-to-trough of this oscillation suggests that 5-6 dollar moves are possible. Cleveland Cliffs is an iron ore company that has been on a phenomenal run. There are incredible expectations for earnings as CLF quarterly revenue was up 1014.2%. This would be a unique play buying a call dated after earnings (7/23), but selling before the report. I am not a financial advisor. Play at your own risk.
Note
Fine... verify the channel once more... but now you runNote
Ufff.... broke the channel. This is concerncing. Foreboding of a market correction?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.