If you haven`t bought the dip on CLF:
Then analyzing the options chain and the chart patterns of CLF Cleveland-Cliffs prior to the earnings report this week,
I would consider purchasing the 22usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $2.93
If these options prove to be profitable prior to the earnings release, I...
Cleveland-Cliffs the steel producer looks cheap here. CEO has been working to reduce the blast furnace emissions which gets them a lot of praise. Cleanest steel produces in the world. CLF is vertically integrated and the fact it produces its own ore is huge. May acquire US Steel before year ends which would give this company a lot of power when it comes to the...
Analyzing the options chain and the chart patterns of CLF Cleveland-Cliffs prior to the earnings report this week,
I would consider purchasing the 14usd strike price Calls with
an expiration date of 2023-11-17,
for a premium of approximately $1.29.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking...
Cleveland Cliffs $CLF looks primed to break out of it's falling wedge pattern. They are a Steel foundry. Up top is Iron and Steel price index, showing it's up and holding well. So that should help. CLF was a favorite on WSB last year and it was recently downgraded by Jim Cramer, so it has that going for it. Visibility at least, with this chart pattern could lead...
I spik very best London
*Claps hands*
Price go down
*Claps hands*
Overvalued. About to post profits/losses, whatever, won't matter. Overvalued. I have a short position in CLF.
Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on May 27, 2022 with a closing price of...
This same formation/pattern can be seen to repeat (in green)
Each drop is followed by an equal or greater rise
Assuming it continues the rise should be equal to the drop point so where I have placed the bars pattern
$CLF hits the all time high yesterday after surge of demand on energy and metals. ceo of the company appeared on tv encourage everyone that
this is the best time to own CLF. also one big investor sold their position yesterday for profits as CLF continues to surge up.
the high demand of metals and factories being build around the states driving the stock to keep...
$CLF bounce due to technical break out from ongoing war conflicts between Ukraine and Russia. with possibility Russia of being cut off for importing goods to other countries.
this makes other energy producers shines due to desperation finding alternative resources.
$CLF failed to meet the wallstreet expectation EPS from recent earnings and got downgrade by...
$CLF has fallen chopstick break out. base on the indicators the momentum of stock looks strong and buyer still in control.
watch for the news specially for energy stocks that relates to CLF.
Day trade or scalp play target: 01/05/22
buy calls above 23.03 sell at 23.43
buy puts below 21.98 sell at 21.35
Hello everyone,
welcome to this free technical analysis...
$CLF Watching for 19.36
Right now I’m watching to see if it breaks under the 180EMA on the Daily to see what my next move is going to be…
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull....
In this analysis, I will try to cover 12 Top mentioned tickers on WSB Reddit for the coming week!
Rank 1: TSLA: Elon Musk is going to sell, why shouldn't others do the same?
Rank 2: SPY: correction is highly likely..! 2-5%
Rank 3: CLF: After 17% correction in the past 2 weeks could benefit from the infrastructure passed bill..! (possible bullish move)
Rank 4:...
