$CLF bounce due to technical break out from ongoing war conflicts between Ukraine and Russia. with possibility Russia of being cut off for importing goods to other countries.
this makes other energy producers shines due to desperation finding alternative resources.
$CLF failed to meet the wallstreet expectation EPS from recent earnings and got downgrade by goldman sachs from 28 to 26 bringing the stock down for a bit.
with the possibility of high demands on energy stocks, this makes the $CLF & $PLUG more appealing and other energy stocks.
Day trade or scalp target play: 03/01/22
Buy call above 22.72 sell at 23.10
Buy puts below 21.91 sell at 21.20
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
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this makes other energy producers shines due to desperation finding alternative resources.
$CLF failed to meet the wallstreet expectation EPS from recent earnings and got downgrade by goldman sachs from 28 to 26 bringing the stock down for a bit.
with the possibility of high demands on energy stocks, this makes the $CLF & $PLUG more appealing and other energy stocks.
Day trade or scalp target play: 03/01/22
Buy call above 22.72 sell at 23.10
Buy puts below 21.91 sell at 21.20
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes only.