CLF is expected to increase by 100%. Shares of CLF (Cleveland Cliffs Inc) began to move in an upward momentum from a channel. These types of movements are characterized by breaking out of the channel from an upward momentum. According to the channel movement rule, the target price is twice the original channel. In the current position, this means that the top of the 2x channel width is 23.08usd. I consider this to be the primary target price.
Comment:
STRONG BUY