NAPit

Timing might be off, but let's try

Long
BATS:CLF   Cleveland-Cliffs Inc
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Sorry, I had to turn the volume off because it was blocking the chart

CLF looks oversold. Weekly showing big increase in volume lately and the price approaching some decent support.
Considering that the market overall might shoot up soon, I'm willing to enter this trade.

Since there hasn't been great amount of evidence yet that the stock will reverse, I'm keep the stop loss tight.

Comments

Stop loss got hit. Good thing this isn't a real trade!
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