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benedekdomotor
Oct 11, 2021 6:40 PM

Symmetric triangle Long

Cleveland-Cliffs Inc.NYSE

Description

It looks like a breakout is about to happen.
The overall picture looks bullish.
We got above the P-Pivot point, also reclaimed the 20 EMA once again.
As for the indicators; RSI and MACD indicate more upward movement.
The only concern is that the price is stuck between the 2 EMAs.
We have to get above the other one as well, with high volume!
Short term price target: 23,49
Support: 21,16
Comments
GiveMeSkinny4Sho
Looks great thank you for the analysis. I hope my 211022C22 works out!
benedekdomotor
@GiveMeSkinny4Sho, I was hoping for the same
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