SR618
Long

CLF - double bottom. Hate the sector, but chart looks too good.

NYSE:CLF   CLIFFS NATURAL RESOURCES INC
9 0 0
Horizontal S&R: yes weekly
Channel S&R: breaking above weekly
MA S&R: closed above 50 daily
Stochastic turn/crossover above 80%: yes
AO pullback >0= 85: yes
Price Pullback Fib >0.382: yes

Increasing EPS: no (in line)
Increasing Rev: yes (actually beat for first time in years)

*stop 1 atr below swing low.
** first price target is 50% the move from entry price to previous high.
***No Biotech

Current Position: 16.23
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