$CLFPotential "abc" pattern spotted. Price seems to be losing gas on the down side as of late. Looking for a bounce in this support zone. Looking for a retracement up to 11.96 minimum.
4CVA trade ideas
CLFan upward trend in the prices of an industry's stocks or the overall rise in broad market indices, characterized by high investor confidence
CLF | Steel will make a comebackCleveland-Cliffs, Inc. operates as a flat-rolled steel company, which supplies iron ore pellets to the North American steel industry. It engages in the production of metallic and coke, iron making, steelmaking, rolling and finishing, and downstream tubular components, stamping, and tooling. The company was founded in 1847 and is headquartered in Cleveland, OH.
CLF15.20 above trendline breakout
15.50 will be 1st resistance
if sustain above 21 ema ema then
16/16.50/17-18 ( positional ) target
CLF Cleveland-Cliffs Options Ahead of EarningsIf you haven`t bought the dip on CLF:
Then analyzing the options chain and the chart patterns of CLF Cleveland-Cliffs prior to the earnings report this week,
I would consider purchasing the 22usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $2.93
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
CLF - 8.33% Potential Profit - Swing Trading SetupEntry: $21.735
Stop: $21.18
Target: $24.00
Risk/Reward: 4.08
$CLF metals get a bounce as market steady & value catch-upCleveland-Cliffs the steel producer looks cheap here. CEO has been working to reduce the blast furnace emissions which gets them a lot of praise. Cleanest steel produces in the world. CLF is vertically integrated and the fact it produces its own ore is huge. May acquire US Steel before year ends which would give this company a lot of power when it comes to the steel market. Looking for at least 18 in the short-term.
Time for the metals to shineSP500 and Nasdaq are fighting with strong resistance levels. Most likely to pull back soon. In the mean time the metals are doing something interesting. Is going for the break out this time. It may pull back a bit before, but you can see a sort of cup and handle just under the upper vortex. SL triggers only if a weekly candle breaks through the support line at 19 and closes under it.
CLF Cleveland-Cliffs Options Ahead of EarningsAnalyzing the options chain and the chart patterns of CLF Cleveland-Cliffs prior to the earnings report this week,
I would consider purchasing the 14usd strike price Calls with
an expiration date of 2023-11-17,
for a premium of approximately $1.29.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Cleveland-Cliffs: Bearish Dragon Below Resistance and 200 SMACLF has confirmed the breakdown of a Bearish Dragon and has tested the 200 SMA and the Weekly Support Resistance Level of $14.37 as Resistance again.
Now I am going to be looking for CLF to come down to make a 0.886 retrace from here, which should take it down to about $6.5 as it completes the Bearish Dragon
CLF lookin ready for another popIf Cliff fails here look for that gap fill around 12, but if 15 hold we're looking for 17.50 and 20
CLF Falling Wedge Cleveland Cliffs $CLF looks primed to break out of it's falling wedge pattern. They are a Steel foundry. Up top is Iron and Steel price index, showing it's up and holding well. So that should help. CLF was a favorite on WSB last year and it was recently downgraded by Jim Cramer, so it has that going for it. Visibility at least, with this chart pattern could lead to some nice change on the breakout. POC first target, VAH second.
$CLF - to be prepared to be patientNYSE:CLF is a good industrial company with a long history and covers a full cycle of production.
Looks like it shows attempts to bounce of the historical bottom.
Would not like to analyze on the short time frames, cause I convinced, it will show awesome results, but only on the long period of time. This company is relevant for investors, who are ready to buy shares of the company with the stable business, just if it's in the bottom of the stocks market and being full of high level of patience with expectations for the amazing results.
It is clear, that trying to make some forecasts for so long time range - this is like shout to the aim, that you cannot see yet, but we can use a rules of tech analysis.
In this terms, I can predict 2 scenarios with 8-10 years of durability.
But before, I assume, this company should came from 16 to 8, approx in a year and after a slow and sustainable growth within 5-7 years it will have enough energy for the rocket show.
In scenario 1 potential is 8->48, +500%.
In scenario 2 potential is 8->80, +900%.
Honestly, I will not invest in this instrument due to this is not the industry, in which I'm interested in, but I would like to share a forecast for far away to check, either it will match or not with reality.
Mates, please, don't judge me for this peace of experiment ).
Does not constitute a recommendation
#investing #stocks #idea #forecast #furoreggs #experiment
CLF looks good on the daily and lots of bullish flowI expect a retest soon of that resistance on the daily
CLF downside to inverse H&SCLF price changes pushing to downside. looking at sell off to 15.85 and 14.60 for a potential inverse H&S
$CLF - Price go downI spik very best London
*Claps hands*
Price go down
*Claps hands*
Overvalued. About to post profits/losses, whatever, won't matter. Overvalued. I have a short position in CLF.
Cleveland-Cliffs Inc (Long)Cleveland-Cliffs Inc
Long
Entry at 21.30
Take Profit at 24.61 (15.54% profit from entry)
Stop loss at 19.52
8/24/22 CLFCleveland-Cliffs Inc. ( NYSE:CLF )
Sector: Non-Energy Minerals (Steel)
Current Price: $18.24
Breakout Price: $19.00
Buy Zone (Top/Bottom Range): $18.00-$16.00
Price Target: $21.50-$22.00 (1st), $24.00-$24.40 (2nd)
Estimated Duration to Target: 34-37d (1st), 60-65d (2nd)
Contract of Interest: $CLF 9/23/22 20c, $CLF 10/21/22
Trade price as of publish date: $0.54/contract, $1.05/contract
