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Cleveland-Cliffs Inc.
Nov 5, 2012
CLF Reversal or Continuation Pattern?
0
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One of these mischievous triangle patterns
If it breaks out of the top of this pattern
Buy around the box area to avoid whipsaws, target for this move $40
If it breaks out of the bottom of this pattern
Sell around the box for the same reason, target for this move $34
I'm going to say this is going to break to the upside though based on the stock price not making lower lows past Septembers lows.
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