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CLF Reversal or Continuation Pattern?

BATS:CLF   CLEVELAND CLIFFS INC
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One of these mischievous triangle patterns

If it breaks out of the top of this pattern
Buy around the box area to avoid whipsaws, target for this move $40

If it breaks out of the bottom of this pattern
Sell around the box for the same reason, target for this move $34

I'm going to say this is going to break to the upside though based on the stock price not making lower lows past Septembers lows.

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