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Vibranium_Capital
Jan 25, 2022 6:03 PM

nasty dump! I expect a little more downside before the bottom🚨 Short

Cleveland-Cliffs Inc.NYSE

Description

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clf broke below one of its extreme support zones around 18, so the next target will be the 14 area.

Look for it to bottom out around this area, RSI is sitting right above extreme oversold zone, we will most likely see a bounce off it.

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Comments
turolin
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Watching close reaction of CLF after 21.50$. I think, if he run over 22.00$ and close the daily over this level, next target would be 23,75$. Let see and the earning this Friday.
At the moment ready to reduce my position in CLF between 30%-50% for swing trade - buy zone 15$-13.50$. What is your opinion? It will be great to see you comment. Thank!
turolin
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Great job @Vibranium_CapitalII
I think it must to fill next GAP 15.15$-15.65!!!
Your zone TP(2) it's good buy zone, also for me. If it's going to TP (3) I will shot it again :-)
Vibranium_Capital
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@turolin, thank you dear, thanks for support
yonsfx
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Let’s go
Vibranium_Capital
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@yonsfx, let’s get it !
The_Marketsurfer
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I'm looking for a bottom at $12.77
bizike
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@The_Marketsurfer, When should I start to ladder in?
Vibranium_Capital
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@bizike, give it some time to bottom out, I’ll post update eventually
Vibranium_Capital
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