CLF - Going upAccording to Traders-Paradise Algorithm, this has a high chance of going up as the TakeProfit & StopLoss strategy indicate.
For day traders - 11/8/21: High chance for going up today.
0I0H trade ideas
$CLF correction inevitable, still bullish long-termMacD and RSI on CLF calling for a selloff, I think we'll see it follow this ABC type correction pattern instead of a complete dump. If it tests white support line at point (C) I will be adding heavily to September calls. Currently in a short position. MacD is almost identical to every single prior selloff. Ultimately I am long this stock but the short term swing seems undeniable. Assuming ABC correction based on previous correction patterns and timeframes. Fib time zone placed between apex of bull trends.
Cleveland-CliffsVery difficult entry point, but excellent risk management. The stock is still in a long trend, so a trading idea is to retest either the trend line or the support level, which will give us confirmation at the beginning of a short trend and confirm a downward trend.
Let me remind you once again that these are just scripts. If it follows the script, then you can go. Deviations of the script are possible, but it is necessary to redo it competently.
Stop 0.5% Take 1 to 24.
If the scenario works out I will pull up the stop for each previous local maximum.
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CLF Cycle CompletionI'm anticipating a dip at the bell Wednesday, followed by a climb to the 26.60 or possibly 27.60 area, completing the 4th channel cycle, before earnings.
CLF is clocklikeCLF is like a clock! Is there anything prettier than a stock that oscillates in channel? The peak-to-trough of this oscillation suggests that 5-6 dollar moves are possible. Cleveland Cliffs is an iron ore company that has been on a phenomenal run. There are incredible expectations for earnings as CLF quarterly revenue was up 1014.2%. This would be a unique play buying a call dated after earnings (7/23), but selling before the report. I am not a financial advisor. Play at your own risk.
$CLF | Double Bottom: Buy on Dips$CLF formed a double bottom and looks ready for continuation to the upside
Ideally we buy into a pullback so will be watching $21.60 down to $21 for entries
Triangle CLFTriangle. Honestly could go either way. I want to say LONG but not sure. Bought 15 calls though :)
CLF: Channel AlertCLF: Beta: 2.24, ATR: 1.17// Eyeing this channel for upside potential; Looking for confirmation build > 22.66. Channel applicable to downside price action.
CLF FLIGHT TO 130 - CRAMER TOP PICK ^^^ BULLISHThere's a stampede can you hear it!
US STEEL & IRON INDUSTRY IS STRONG SINCE CHINA OUTPUT HAS DECREASED
Cleveland-Cliffs Inc. NYSE Cleveland-Cliffs
NYSE:CLF
AMEX:SPY
SPCFD:SPX
TVC:SPX
NASDAQ:NDAQ
PLAY OF THE CENTURY 🚀
PT 26.80 for this cycle.NYSE:CLF
It is just a stopover on a long journey. Going to close my leveraged long position when price reaches 26.80, then wait for a pullback to buy again!
There is a significant open interest on options call 25 expiring at 2021-07-16, so I believe that the price should be at least 25 by that time.
I have noticed that NYSE:CLF is attracting the attention of WSB guys again, so we can expect another pump.
People may want to fix the profit before an earnings report.
Everything fits into price corridor
CLF target price 9$ + 43%Can't get any better than this If exceeds 200mA on a 15m bar today, will have a great rally.
Pullback Soon!Ending diagonals are my new favorite formation. Been seeing them in a lot of stock charts lately.
This one looks pretty clear. The wave 3 structure is gorgeous.
RSI broke down when we entered (iv) and we've been retesting the bottom ever since.
All these things are big indicators that a pullback will happen soon.
-40% seems like a lot, but that's what the chart says.
$CLF averaging up once again*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My teams original entry for $CLF is at $13. We averaged up on 5/23/21 at $18.06. On 6/10/21 we hit our take profit 1 at $24 per share and secured most of our profits.
My team averaged up once again on our remaining positions yesterday before the market closed at $20.60 per share. My team still plans to close this trade completely once our trade reaches our take profit 2.
Investors still looking for positions should be advised that $CLF may retest our red trendline before this occurs...but current shareholders have no reason to be concerned with this scenario for it will offer additional buying opportunities.
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CLF Long vs. Lower End of Ascending ChannelCLF has been a big winner in the recovery phase. Now we are in the expansion phase which is typically slower growth in the reflation names, like CLF. Look left for where it used to trade.
clf bottom trendline support hit, long!!! :)the question shouldn't be how long it will last, but how high can we go if this trend channel holds, and what is possible if it breaks over it and goes parabolic mode. in 2009-2010 CLF went 20-70! in 12 months! history tends to repeat itself, im pretty heavy here! goodluck. leave a like and follow if you enjoy my ideas<3
CLF ready to riseConfluence of key support level, rising trend, breakout, back test, and now Up Up and Away
*NOT Financial Analysis * NOT a Financial Advisor*
CLF - price channelIt goes on a price channel , if it drop to 19.2 it will be good for entry , th targets will be 21 - 22.8 - 25.6 .. with a stop loss at 19.2
