This same formation/pattern can be seen to repeat (in green)
Each drop is followed by an equal or greater rise
Assuming it continues the rise should be equal to the drop point so where I have placed the bars pattern
$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...
CLF(Cleveland-Cliffs Inc) begins to rise. In the technical analysis, we can see that an ATR axis that has been forming for many weeks has turned into a wave sequence axis. The sub-waves of the wave sequence were accurately used as a resistance level and then crossed the axis, now acting as a support level. It can also be seen that the longer wave sequence uses the...
CLF correction completed. The analysis shows that the CLF movement has created a symmetric movement around the ATR axis. Consequently, the lower amplitude of the downward corrective wave may have reached its local minimum at the level of 22.17 usd. In other words, this is the level from which I expect a rise. Next target price : 32.51 usd
CLF LONG. My analysis highlights a useful entry technique. This is the 3-point ATR axis touch. This technique focuses on the 3-point touch. Whether it is done on ATR axis or local axes is a secondary issue. In the case of the CLF, the ATR axis touch seems to be explained at the moment. The rule is, if a movement stalls three times at a certain level, there is a...
CLF before a 57% increase. From my analysis, it can be seen that the correction price movement of the CLF (red square) doubles. If this observation is correct, it can be stated that the current correction is over and another increase may take place. The target price for the rise is 23.08sud. Since the fair value of the CLF stock is 2 usd higher, I expect a further...
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...
First off, don't take anything I say seriously. As always, this is on the basis of opinion not financial advice. That being said, let us get into some of my key points. I believe realistically setting up a target given the past negative correlation curve as well as breakouts, one could be looking at a $5.50 price point for the Cleveland Cliffs, as demand for...
https: //uk.tradingview.com/chart/CLF/AlcQhJWY-CLF-long-entry-NOW/ analysis closely tracks the movement of the exchange rate. We are currently in the process of building the second rising fractal. Therefore, I expect another 22% increase from the current level. The target price is unchanged.
The exchange rate broke on the acquisition of AK STEEL. The degree of decrease is consistent with the fractal correction rule. The ATR endpoints (red rectangle) double, so this rule applies upwards (yellow rectangle). This is an increase in exchange rate volatility. Therefore, there is a very good opportunity to take a long position.
The mission of trader do money, no matter how many time you need for it. At the most successful cases long-term traders make more money than swing-trader or day trader. This stock is the excellent example for long-term trader. HOLD if you have nuts. Lets look at the situation at Steel Market, it will help us to understand the future situations. The CLF produces...
CLF is a buy in my opinion but the price must close above the .786 fib retracement box I have placed in on the chart for a long position to be considered. Noted for a lagging share price to the industry, yet considered a great company with potential. To those trading the steel market, fundamentally the opinion is definitely swaying towards bullish for 2018.
--US...
![CLF: [CLF] CLEVELAND CLIFFS INC. BUY SETUP](https://s3.tradingview.com/v/VcoJri51_mid.png "[CLF] CLEVELAND CLIFFS INC. BUY SETUP")
![CLF: I bet we can do money here. [$CLF]](https://s3.tradingview.com/l/lXS3k9gg_mid.png "I bet we can do money here. [$CLF]")
