*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* My teams original entry for CLF is at $13. We averaged up last week at...
Looking rly good. Would be sick if we see strong bounce off of 50-MA
Bouncing of 50MA and upward trend line. Fundamentals super strong given the steel prices. reports tomorrow.. Long
Pretty tight consolidation on the monthly chart. The stock is hovering above a recent breakout level which is constructive. A break above $18.77 could lead to further upside.
They have a no BS CEO who has a plan! 1. Originally a mining company, CLF has been buying steel mills associated with Arcelor Mittal as of this past year. 2. The Cleveland-Cliffs Foundation, has made several commitments totaling more than $1 million in cash contributions to several food distribution organizations in the local communities where the Company...
First a quick descriptions thanks to the trading view information on the ticker: Cleveland-Cliffs, Inc. is an iron ore mining company, which supplies iron ore pellets to the North American steel industry from mines and pellet plants located in Michigan and Minnesota. The company was founded in 1847 and is headquartered in Cleveland, OH. Sector: Non-Energy...
CLF before a 58% increase. It can be seen from the analysis that the price movement of Cleveland Cliffs may continue to move upwards from an accumulation range. The two accumulation ranges shown in the figure have the same percentage and different sizes. The accumulation range now constructed is twice the previous one (logarithmic vertical scale) This indicates...
if equity markets able to bounce again , clf shares can target for mid 20s. stop below 12.00$.
CLF broke out from a little flag continuation pattern today while also taking out the short term MAs. It pushed off the 10 and 20 and looks poised to challenge the previous highs.
Huge breakout of almost a 3 year consolidation starting in Jan 2017. Might consolidate here yo cool down RSI, but good for long term (2-3 months).
CLF 44% correction may come. Cleveland Cliffs shares are facing a significant correction. Nevertheless, I suggest using this correction to take a long position. The ideal entry level can be 5usd. In the event that this correction occurs, a strong north turn is assumed. The analysis shows two target prices. The nearest target price is based on the calculation of...
As we mentioned in our previous analysis about the oil market there was a time for a rebound. However, the current trend seems to be stronger than we previously anticipated. The price has easily broken the potential resistance at 29,14 USD. The next one could be located near 42 USD per barrel. From the Elliott wave perspective, the current upward movement may be...
First off, don't take anything I say seriously. As always, this is on the basis of opinion not financial advice. That being said, let us get into some of my key points. I believe realistically setting up a target given the past negative correlation curve as well as breakouts, one could be looking at a $5.50 price point for the Cleveland Cliffs, as demand for...
A month ago we have described a potential head and shoulders pattern on the oil futures market. According to this pattern, the textbook target may be located near 9-10 USD per barrel. This could be a still possible target for the price (if there were no contango and contracts rollover). In this area also the 161,8 fibo expansion is located. It should be...
i am optimist on indices and oil conflict will be over soon and i hope not to dump market more #wti #clf #brent #marketwatch