PT 26.80 for this cycle.
CLFIt is just a stopover on a long journey. Going to close my leveraged long position when price reaches 26.80, then wait for a pullback to buy again!
- There is a significant open interest on options call 25 expiring at 2021-07-16, so I believe that the price should be at least 25 by that time.
- I have noticed that CLF is attracting the attention of WSB guys again, so we can expect another pump.
- People may want to fix the profit before an earnings report.
- Everything fits into price corridor
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