samkest419
Long

Reverse head and shoulders

BATS:CLF   CLEVELAND CLIFFS INC
158 1 0
The action in this stock started in March 2013 and looks like a Reverse Head and Shoulders with a rising confirmation line. I already bought before it breaks through this current resistance, and I would think that this stock will probably take off to the upside. While I'm confident in my ability to read charts, there's always a possibility the market will head in the other direction, so set your stops.
Just an FYI to anyone who read this, first of all, thank you! The day after I suggested this pattern, the stock is up over 5% in morning trading. Look at this as your buy signal!
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