$CLF hits the all time high yesterday after surge of demand on energy and metals. ceo of the company appeared on tv encourage everyone that
this is the best time to own CLF. also one big investor sold their position yesterday for profits as CLF continues to surge up.
the high demand of metals and factories being build around the states driving the stock to keep going up. based on historical moves, CLF tends to
to pull back after hitting the ATH unless some positive news comes out making the stocks surges even higher then ATH.
the pull back could be a short term before it runs up again due to high demand of metals right now.
here's my take for day trade move.
Day trade or scalp target play: 03/ 10 /22
Buy call above 27.09 sell at 27.68 or above
Buy puts below 25.73 sell at 24.03 or below
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
this is the best time to own CLF. also one big investor sold their position yesterday for profits as CLF continues to surge up.
the high demand of metals and factories being build around the states driving the stock to keep going up. based on historical moves, CLF tends to
to pull back after hitting the ATH unless some positive news comes out making the stocks surges even higher then ATH.
the pull back could be a short term before it runs up again due to high demand of metals right now.
here's my take for day trade move.
Day trade or scalp target play: 03/ 10 /22
Buy call above 27.09 sell at 27.68 or above
Buy puts below 25.73 sell at 24.03 or below
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes only.