Technician
Long

CLF: Typical Bottoming Behavior, a potential long in 2014?

BATS:CLF   CLIFFS NAT RES INC
343 2 11
A long term Trend line break , accompanied with a period of high volume levels, which is a typical accumulation phenomena, price then managed to break the long term 52-week average and forming a potential inverse head and shoulders .
Having that said, i am looking for a turnaround and further gains for CLF             in 2014.
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great chart, thank you!!
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Technician TOP vlad.adrian
Your Welcome
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