CLF trade ideas
$CLF - I hold this short a bit more.$CLF Still taking profit on this one.
Sell half and let the rest GO!
CLF longbought back some CLF today after FED around 9.67. little late, looking to add if price action is good. fundamentally, I see prices way higher possible. like 16ish or even beyond. first target would be recent highs though
Next week ideas: CLFCLF is having a good time recently, with 70%+ upmove since last November. Now that it's drawn this flag maybe it's time for a next up leg targetting 14.00
CLF getting ready for a pullbackLooks like CLF is going to pullback to the 9MA soon. My guess is that today's candle will be Bearish. I predict it will attempt to pullback to the 9MA and bounce again to continue the bullish move.
CLF Long IdeaHad a good trade in CLF today with some nice upwards moves and a selloff during the day. Might see this thing run to 13.60ish area in the next short while
CLF longIf you missed this one today, there may be a 2nd chance tmrw as CLF announced pricing a public offering of 55M common shares right after market close. The offering price is supposed to be at 10.75 if I see it correctly. This is a tremendous offering given the fact that there is a total float of 215M.
However, due to the impressive earnings and good outlook, I see this as a 2md chance to enter the stock. may even be lucky to get it a few dimes below that price as market often tends to overreact.
I see this stock having potential to run till 16 or even double from here if commodities prices remain strong which I assume. logged some in after market as well at 10.87
CLF forward pe of 10 and this stock has been a high flyer, think it is worth a few here with stop below the gap
Great swing trade After a breakout on the weekly we tested the support level and now last week we had another breakout from a descending triangle
CLF Bullish SwingGood volume. Bouncing off support level. If it breaks today's high, should continue higher. Though this stock had massive gains in 2016, the preceding years were a continuous downtrend. We have just completed a nice sized bearish/sideways move. At the very least, seems to be a good buy low, sell high location.
$$$ CLF $$$ - BUY OPPORTUNITYIm entering in Buy opportunity for CLF
BUY ENTRY @ $9.15, STOPLOSS @ $8.00 , TAKE PROFIT @ $12.00
STOP LOSS = $1.15 , TAKE PROFIT = $2.85
RISK/REWARD RATIO: 1:2.5
LEAVE ME A MESSAGE IF YOU HAVE ANY QUESTIONS REGARDING THIS TRADE
HAPPY TRADING!!!
BOUGHT CLF COVERED CALLBought shares at 6.04; sold the Sept 30th 7 call; filled the entire package for a 5.85 db; $115 max profit if called away at 7 (19.7% ROC).
CLF: Cliffs Natural Resources, Iron OreCLF-is an iron ore miner.
It is a component of-XME.
XME-has been weak for the past month.
I suspect the basic metals components in-XME (iron-copper-zinc-aluminum) are weaker than the gold-and-silver miners.
For-CLF:
The indicator on the top of the page is RSI / Stochastic , and this is weak.
The top middle indicator is vortex and it is weak (red over green).
The Top (bar-type) indicator measures the "phase energy" of the stock , and this is weak, now below zero.
Until these indicators reverse to the upside, and the prices rise above the cloud, this stock is a sell.
Good luck to you. Don.
$CLF Ready for the next leg upSome analysis on the chart. Waiting for a juicy pull back to 60-120 MA.
Wallflower, you asked about how I determine buy/sellCheck the MACD bearish crossover, (9, 20) SMA and resistance and support in purple.
XME Components Analysis Number 3, CLF: Cliff’s Natural ResourcesI have recently published a series of bullish articles about-XME.
CLF-is one of the components of-XME. The strength of this chart speaks for itself -
It is one of the metals stocks which is contributing to the strength in-XME.
XME-is the-SPDR S&P-Metals and Mining ETF-which offers broad exposure to industrial-and precious metals and mining, with a strong emphasis at the lower end of the capitalization spectrum. It holds 25 components in an equal weighted market cap.
I believe by showing you some of the individual components of-XME you will understand why I am very bullish towards the upward move in-XME.
Don.
