-Support: $5.97 (must hold for bullish case).
-Breakout Signal: Close above descending trendline + 20 MA.
-Target: $6.50+ (confirmed breakout).
-Watch: Volume surge & MA crossover for confirmation.
-Risk: Below $5.97 invalidates setup.
CLF refers to Cleveland-Cliffs Inc., a major American iron ore and steel producer.
CLF
-Breakout Signal: Close above descending trendline + 20 MA.
-Target: $6.50+ (confirmed breakout).
-Watch: Volume surge & MA crossover for confirmation.
-Risk: Below $5.97 invalidates setup.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.