Cleveland-Cliffs is expected to have the first production plant of Hot Briquetted Iron in the Great Lakes region.As traders get to know about the new plant, the share price will gradually creep up to cross the $9 mark. It is a magnificent buying opportunity. A conservative model reveals that the new plant would bring, at full capacity, $150 million per...
After breaking through inverse H&S and long term resistance in December and making nice rally afterwards, NYSE:AKS continues to correct in what appears to be bullish flag. However, now stock finally is approaching various support lines including IHS neckline and current market sell-off may be used as a nice opportunity to attempt low risk buy entry for another...
CLF might be a really good investment for the long term: -Trade war U.S. - China (a cause of the bearish momentum). -HBI starting to operate in the mid' of 2020. -Environment-friendly production. -AKS acquisition. -Debt/Equity ratio: 5.86 -2.90% dividend I might consider this company as really undervalued with an amazing potential of growth. Opened to any kind...
Looking to buy from Buy area to Target area (42-48pips). Wait for exhaustion.
A split graph is shown in the analysis. The figure on the right (monthly time) shows a fractal structure. Those who have been dealing with fractal strategies for a long time may have noticed that fractal movements can take many forms. Near significant levels or along axes. Current analysis assumes that a monthly MA (50) MA can start a fractal movement. If the...
As we've been posting, Cliffs is a turn-a-round play with a new organic HBI plant coming online within the 1st qtr of 2020. After the market closed, news hit that the company will be added to the S&P SmallCap 600. S&P would not list CLF before looking at the company and its financials. CLF is a solid play. We figure fair market value is between $13 and $15 per...
expecting it to raise since today till next Wednesday at least
The bad news is that further decline is expected. The good thing is that from the US $ 5.82 level you can get great long-term access. This is what I consider the correction level. I expect a significant rise from this level.
chart of wti is full of h&s patterns and this one is next maybe
Cleveland Cliffs looks like it's begun to break out. I own calls in this name. CLF
Zigzag, jumped 2 Fib level.
The exchange rate continues to decline. Correction Level 8.39 usd. I expect a rise from this level. The goal of the rise is 10.39 usd.
It is a fractal how two triangle bounces off the Fib level in a same manner. From there, we can predict some futures. Sketch 2
The exchange rate on the ATR axis (white dashed line) creates a fractal motion. Of course, due to the underlying wave structure, I expect an inverse appearance. The exchange rate target price is 12.81 usd.
We have been in and out of Cliffs for a while. Recently, the stock again popped up on our scanner. Cliffs is the oldest iron ore company founded in 1847 We did hear a rumor of a possible buyout / merger and even the potential for the company to go Private. If either of these rumors pan out, we think the stock is worth at minimum, $20 all day long! Currently...
The exchange rate on the wave axis (green line) builds wave motion. The wave motion begins with two intense stages. Currently, the second phase is under construction. This level finishes at 10.97 usd. From there, I have a sideways and then a repeat rise. The target price is 11.43usd.