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chartwatchers
Apr 6, 2016 8:41 PM

CLF - Energy stock trade (3) Long

Cleveland-Cliffs Inc.NYSE

Description

I will post a few interesting energy stocks which I'm trading.
These are not all in trades, but if you buy just 500 or 1000 shares you can make easily 1000-2000 $ in 2-3 weeks.
If oil is making higher high - I think it will make - then these stocks can also skyrocket.

Comment

BOOM!
+7.39% today

Comment

+53% in 5 days

Comment

Adding to the position.
Comments
Royal_Marq
I am also planning to buy 1000 stocks tomorrow or the day after tomorrow. I am watching the volume should be little down to get in. This company looks promising for next couple of weeks. Just little concerned about RSI. Because it is in 60 range. My planning is to buy at 3.70 range and sell them at 4.70 or 5.00.
chartwatchers
I don't think that RSI can be oversold in the following weeks. It just left the overbought so could be overbought at the next leg up.
Royal_Marq
I mean not over sold. It is in over bought territory. I will get into the trade tomorrow. Unfortunately I missed my target price today for my class.
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