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BillyStaples
Jan 6, 2014 5:17 PM

Bullish Symmetrical Triangle - CLF Long

Cleveland-Cliffs Inc.NYSE

Description

Symmetrical Triangle formation. 5 points have formed. We're past the typical 1/2-3/4 breakout point of the triangle, so if it occurs, it will soon.

Volume decreases through pattern formation as expected. Consolidation may be nearing an end.

Target set at ~$34 mark.
Comments
sublimares2
Actually a bearish sym triangle and a bearish divergence starting from 26 and your marked point 2.
LEONES
Intresting
SatwikBardhan
What is the buy price you are looking at ?
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