Trade ideas
$CLF energy shines from war conflicts?$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 goldman sachs from 28 to 26 bringing the stock down for a bit.
with the possibility of high demands on energy stocks, this makes the $CLF & $PLUG more appealing and other energy stocks.
Day trade or scalp target play: 03/01/22
Buy call above 22.72 sell at 23.10
Buy puts below 21.91 sell at 21.20
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
CLF - clear short hereCLF sold off on volume on weak earnings
With this market conditions the stock can go much lower.
MACD and RSI are confirming the move
The first strong support is around 12.
The 47.97 degree buffet isoceles tangent bezos quadrilateralYou can observe a bullish Bezos pattern along with the 47.97-degree buffet isosceles which is directly tangent to it creating a Waren Hill for the JP Morgan Client Services circle to intersect with the SPY 500 earnings eps, so stock very bullish will probably fall. Should go long on an inverse short position.
CLF should slide till earningsCLF should reach a support level of around $12.77, I'm sure the earning with bring some accumulation & distribution.
nasty dump! I expect a little more downside before the bottom🚨clf broke below one of its extreme support zones around 18, so the next target will be the 14 area.
Look for it to bottom out around this area, RSI is sitting right above extreme oversold zone, we will most likely see a bounce off it.
like and follow for more 💘
CLF - looks like perfect short at this pointBroke down the support level
MACD, RSI and MAs are also confirming breakdown
Room to go
Target - nest strong support
CLF PUT then CALLCLF may behave as shown, will see how it develops, possible completion of W-3 or W-5, but let see how this corrections sets in
CLF the pullback has reached a buy point.After a downtrend breakout, the pullback has reached a buy point.
$CLF falling chopstick breakout$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 . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
$CLF no cap this is my teams biggest holding*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My teams still holding $CLF shares from our three entries at $13.27, $18.06, and $20.60
My team is increasing our $CLF shares at $22.35 per share on the market open of 11/8/21. We have increased our shares four different times already on this trade. This may shock you guys but $CLF has now become my teams largest holding. We're confident and adding more shares because $CLF smashed their 3rd quarter earnings and are set to succeed next quarter as well. Also if $CLF attempts and is able to break past resistance at $26 once more then we expect a rally begin.
ORIGINAL ENTRY: $13.27
2ND ENTRY: $18.06
3RD ENTRY: $20.60
4TH ENTRY: $22.35
If you would like to see more, please like and follow us @SimplyShowMeTheMoney
$CLF Watching for 19.36$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. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
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CLF LongTrendline touch
Entry 22.5
Stop 19.9
Target 35
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
CLF(Cleveland-Cliffs Inc) begins to rise.CLF(Cleveland-Cliffs Inc) begins to rise. In the technical analysis, we can see that an ATR axis that has been forming for many weeks has turned into a wave sequence axis. The sub-waves of the wave sequence were accurately used as a resistance level and then crossed the axis, now acting as a support level. It can also be seen that the longer wave sequence uses the former ATR axis as an exactly symmetrical axis. This may help in determining the next target price of the now following NYSE:CLF rising wave phase. When considering the next sequence, we should consider the wave sequence formed in the blue square. This means that the next target price could be : 28.60 usd.
CLF - Starting pullbackCLF looks to be moving lower, at least to test the VPOC 22.5 area. Then might weaken further... we'll see.
I bought the Nov26 23p for 1.13
$CLF Structure, 618%, 89 ema, and Gap 21.75 / 22.25$ value area for me. lets see if buyers step in, If it loses this .786 will come quick. use caution. $CLF trades clean, especially w harmonics!
CLF correction completed.CLF correction completed. The analysis shows that the CLF movement has created a symmetric movement around the ATR axis. Consequently, the lower amplitude of the downward corrective wave may have reached its local minimum at the level of 22.17 usd. In other words, this is the level from which I expect a rise. Next target price : 32.51 usd
Infrastructure Play: Plan your levels and tradesAgain, a cautionary note - like X, keep an eye on the levels and trade tactically with an underlying fundamental rationale.
Debt ceiling etc., still not resolved even though infrastructure bill passed.
CLF a leap strangle strategyWe all are told as traders that 2 years is too long a window for a strangle. Here is a different way to approach a strangle as an investor/trader.
First do the due diligence and decisde this is a company you would own all of at the prices that it could be put to me.
This is a great company pushing all the right buttons.
The strategy:
I sold the $42 call and the $12 strike put for January 2024.
I collected roughly $6.
Note that the stock will have to be above $48 and below $6 to cause any pain. For those new to the concept, I keep the cash and I invest the entire proceeds plus my cash into my favorite monthly trade at this time GGN. GGN trades down after the dividend ex date and up the last week into the next monthly distributioin date. Gaming the common is not difficult and represents a 10% annual distribution on the $42 I invest in GGN.
Since I will gain $4.20 the first year, I look to game the GGN and leave the strangle alone as a position that I would be happy to own for nearly nothing within the $42/$12 channel.
I will again roll this position when new father out leaps are available.
A theta strategy for investors who will roll and trade the position when opportunity presents itself.
I like my chances.
all the best
CLF Daily chartHuge spike in volume after a nice support set in. Look for a rally to the old resistance level around the $28 range
10/24/21 CLFCleveland-Cliffs Inc. ( NYSE:CLF )
Sector: Non-Energy Minerals (Steel)
Current Price: $23.85
Breakout price trigger: $22.45 (hold above)
Buy Zone (Top/Bottom Range): $23.40-$21.80
Price Target: $28.00-$28.60
Estimated Duration to Target: 28-31d
Contract of Interest: $CLF 11/19/21 24c
Trade price as of publish date: $1.30/cnt
CLF Chart looks gorgeous and so do the technicals.
Broke back inside its channel. Notice a few other metal names moving this morning to.
it could be 3 reasons the metal sector is moving today.
1. China ever grande made a coupon payment.
2. Tech earnings were disappointing and there's some sector rotation at play
3. Metal sector had a rough month and this is just a relief rally.
what do you think?
