meszaros
Long

CLF can start moving sideways...

NYSE:CLF   CLEVELAND CLIFFS INC
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The exchange rate may take the lateral movement bounded by the triangle shown in the figure. If the theory is correct, a small ATR movement is expected for two to three weeks. The reduced amplitude of movement can hold up to the ATR support shaft underneath it. From this support upward, a significant increase is expected. Based on the current data, it is probable that the exchange rate is designed to construct a W1 ATR distance wave structure. This means that we can expect an unusual increase to date. With accelerating ATR and speed. This exponential rise target price can be up to 25 usd levels. Of course, it seems incredible now. But the current track calculations show this.

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