Robertlesnicki

Perfect bounce off 50day MA

BATS:CLF   CLEVELAND CLIFFS INC
125 1 0
Looking for the bounce to continue
The company had bout 4B in debt and is worth about 5B, plus it's operating at a significant loss. I'd couple the fundamental knowledge with the technical analysis, and predict more strongly a move to the downside with a slight possibility of what you've drawn here. Just my opinion.
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