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Analysis: #NYSE: #CLF

Case 29 #Cleveland-Cliffs Inc (REVISITED)

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Updated:

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

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CLF 1/4
Currently short term neutral but medium and long term #bearish. The longer term target is 3.40-2.90.

CLF 2/4
Chart 1
Weekly Chart: The long term objective.

CLF 3/4
Chart 2
Daily Chart: Watch the #SMAs 50 and 100. The risky trades should be acted upon quickly and watched carefully, once in position trail stops.

The #strategy printed in the image.

CLF 4/4
Update to #Strategy $CLF
Short @ 8.40 SL lowered to 8.25
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