Headed back to Sept highs $13. American made iron ore baby$CLF was over $13 in just September and we have a gift here in the single digits. $CLF is the largest producer of high grade American iron ore which is the feedstock for US made steel. #BUILDTHEWALL #INFRASTRUCTURELongby ProfitablePattern0
$CLF bull flag breakout after long downtrending channel$CLF has been a downtrending channel for months and pushed out of the channel recently consolidating in a bull flag. Now pushing higher out of bull flag and I can see this cruising back to September high of $13 in time.Longby ProfitablePattern1
CLF before 35% increase. The exchange builds on a double rising wave structure. The exchange rate target price is 11.87 usd. 35% increase from the current level.Longby meszaros10
CLF shortH & S formed last week, already broke the resistance line looking forward a target belowShortby TradeBIUpdated 2
Cleveland-Cliffs 12 RRR shortTrading Methodology: 1. An asymmetric bullish/bearish pennant is drawn using ascending and descending curved trend lines with a minimum of three price action touche points per line. The direction is determined by the previous trend. 2. The angle tool is applied from the earliest two trend touch points, beginning at the earliest touch point. 3. A trend-based Fibonacci retracement triangle is drawn starting from the earliest trend touch point and ending at the earliest touch point of the opposite trend line . 4. Based on the degree, of the earlier defined angle, the appropriate (and secret) levels are selected for the fibonacci retracement ; two levels for stop-loss and two levels for take-profit. The closest stop-loss level to the current price level is the top priority stop-loss. Though the secondary stop-loss level is often chosen for some markets such as FX and some equities in order to account for seldom unexpected resistance breaks. The greater target level is the top priority, and where majority of the shares are sold, though some may choose to close part of the position at the first target level or set it to be the stop-loss once price exceeds it. Entries should be laddered in around the levels closest of the yellow line. This trading strategy can be applied to any market and time frame, and positions most often garner the greatest risk-to-reward ratio with the highest success rate. What more can you ask for? I will only be posting my unique trading strategy until EOY. I work solely with price action to identify pennants and apply unique trend-based fibonacci retracement levels for SL and TP levels. Reach out to me if you have any questions.Shortby fiboracleUpdated 1
CLF increase the target price... The analysis of the exchange rate movement is unchanged compared to the previous analysis. The target price was higher. Expecting the current level, we expect a 47.5% increase in the exchange rate. The target price is 13.15 usd.Longby meszaros8
CLF before 26% rise...The exchange rate has begun to rise, from the correction axis (yellow line) that coincides with the intersection of the wave axis. Here I note that the axis of the fractal point coincides with the axis of the wave axis with the mirror axis. This means that the exchange rate increases with a strong D1 parameter ATR, which is likely to increase. We assume the construction of a dual wave structure where we are in the first rising wave structure. Correction for 10.35 usd and second wave structure will be expected. The primary target price is 11.72 usd. With further rise in prediction.Longby meszaros227
Posible formación H.C.H en CLFSi se presentara algo de debilidad hoy en el precio, realizaría una entrada bajista, posiblemente dure 2 dias la bajada, luego entrar en largo para formar el hombro.Shortby giotaborda2
$CLF bouncing at triple layer support. Looking for a double.$CLF recently posted strong earnings and instituted a dividend. $CLF is the #1 pure play iron ore producer used in making steel. I am looking for infrastructure rebuild to be a theme in 2019 of which $CLF will be a vital player. $CLF is buying back near term debt and has a strong free cash flow which is improving every quarter. Longer term I am looking for at least a double from here.Longby ProfitablePattern1
There is still a correction at CLF's rate...There is still a correction at CLF's rate. We expect a further reduction in the exchange rate. The level of the correction level is 8.9 usd. Then we expect a sustained rise. For the exchange rate it will be far above 13usd.Longby meszaros8
CLF MULTIPLE INSIDE DAYSKEEPS CONSOLIDATING AND BREAKING UP VERY TIGHT HERE ON WATCH PREFER A BREAK UP AND RETEST PROB WONT BE SO CLEANLongby trademicsUpdated 3
CLF - EXPECTING A DEEPER CORRECTIONCLF seems in a turning point after the previous breakdown. Look to the price action on the level posted on chart for a potential wave down. Bullish divergence for one more attempt to the upside.Shortby cantestogo2
CLF target price is 15 usd...The exchange rate seems to have begun to be corrected. The correction level is expected to be close to 11.93usd. From this level, another rising wave structure is likely to reach up to 15 usd levels.by meszaros7
CLF can start moving sideways... The exchange rate may take the lateral movement bounded by the triangle shown in the figure. If the theory is correct, a small ATR movement is expected for two to three weeks. The reduced amplitude of movement can hold up to the ATR support shaft underneath it. From this support upward, a significant increase is expected. Based on the current data, it is probable that the exchange rate is designed to construct a W1 ATR distance wave structure. This means that we can expect an unusual increase to date. With accelerating ATR and speed. This exponential rise target price can be up to 25 usd levels. Of course, it seems incredible now. But the current track calculations show this.Longby meszaros8
Cleveland Cliffs for Break out?Just a random pick on one of the top volume contributor stock. Happened to see this counter making nice upward move since it last bottomed in 2016. As seen on the chart, this stock have tested the resistance level with huge volume. Now it is back again at the 11/11.80 testing for another break out. We are not very optimistic about this break out at this point but considering another data coming out in October, we would prefer to pick this up if it drops to $9 Region targeting about 20% movement. For now we are Bias on the Shorts. If the break out happens with strong volume $15 is our target.Shortby TradersArticle4
I bet we can do money here. [$CLF]The mission of trader do money, no matter how many time you need for it. At the most successful cases long-term traders make more money than swing-trader or day trader. This stock is the excellent example for long-term trader. HOLD if you have nuts. Lets look at the situation at Steel Market, it will help us to understand the future situations. The CLF produces various grades of iron ore pellets, including standard and fluxed so the first question what you should ask, "What's going on futures on HRC?" The price on HRC has the stable uptrend, which is very addiction from US government and Trump's decisions. I noticed that "Trade War" has not any positive signs for the Steel industry, merely because the Market starts popular among speculators, or how to explain when the domestic products price are equal to import steel price? Cleveland-Cliffs is the strong mining company, that has a long-term partnerships with North American steelmakers, we should be patience because LG is working hard and doing the nice job to make the CLF great again. 3Days Chart. 1Week Chart. 1Month Chart. Like/Comments. Yes, please :)Longby LudwigStirner1
$CLF CEO is weaponzing the balance sheet. Melt up starting.$CLF CEO is streamlining the balance sheet, redeeming notes, prepping for returning cash to shareholders, and the free cash flow is weaponizing the process. Once we take out the post earnings highs above $11 with a long bullish base I suspect a melt up in coming weeks to around $15 and 38 million shares sold short are the rocketfuel.by ProfitablePattern3
$CLF coiled tightly and bouncing off support with strong volume$CLF has been consolidating recent gains on low volume after blowout earnings in July and previous resistance is now support. Very strong volume after earnings is anchoring current support. Breakout though post earnings high over $11 will squeeze $CLF to $12.50 and then $15 over the coming months.by ProfitablePattern2
CLF is one of the best long-term investments... With a very long time to climb. The exchange rate builds another rising wave structure. Probably a dual wave structure can be talked about. The first wave structure can be an impulsive wave. The target price is 13.34 usd. Based on technical considerations, a nearly 2 usd band is expected to be built on this chart with a yellow square. It can stay for several days. Then, an upward exit can trigger the second wave structure. Which speed can increase. The next target price is 19usd. But the next prediction calculations are predicting a further increase. But the data needed for clarification has not yet arrived.Longby meszaros8