vlad.adrian
Long

CLF - Daily long on bullish divergence

NYSE:CLF   CLIFFS NAT RES INC
272 4 5
Yesterday I posted a chart with my long term view on CLF             . Here is the link
CLF - Transitioning with a Double bottom


Going with my weekly bullish bias, I regard today as a good level to go long because we have :
1 Class A bullish divergence on the MACD
2 slight bullish divergence on the histogram
3 price closed over previous low at 18.50$.

Only worry is the falling volume .
I am waiting the right time to buy this, still down now but it will reach your target.
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All metal and mineral down now.
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First target reached on 04.04.2014
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fcha PRO vlad.adrian
Hahaaa yes, love it!
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