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Clevelandcliffs

Cleveland-Cliffs has overbought signal on my RSIBased on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on May 27, 2022 with a closing price of 24.56. If this instance is successful, that means the stock should decline to at least 24.42 which is the top of the larger green box. Three-quarters of all successful signals have the stock decline 2.961% from the signal closing price. This percentage is the top of the smaller green box. Half of all successful signals have the stock decline 6.296% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock decline 9.712% from the signal closing price which is the bottom of the smaller green box. The maximum decline on record would see a move to the bottom of the larger green box. These are the same concepts for the levels in the red boxes as well. The ends/vertical sides of the boxes are determined in a similar fashion. The trough of the decline can occur as soon as the next trading bar after signal close, while the max decline occurs within the limit of study at 50 trading bars after the signal. A 0.4% decline must occur over the next 50 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 8 trading bars; half occur within 28 trading bars, and one-quarter require at least 46 trading bars. The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement. As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
NYSE:CLFShort
by StockSignaler
3
Cleveland-CliffsVery difficult entry point, but excellent risk management. The stock is still in a long trend, so a trading idea is to retest either the trend line or the support level, which will give us confirmation at the beginning of a short trend and confirm a downward trend. Let me remind you once again that these are just scripts. If it follows the script, then you can go. Deviations of the script are possible, but it is necessary to redo it competently. Stop 0.5% Take 1 to 24. If the scenario works out I will pull up the stop for each previous local maximum. Don't forget to Like and write comments.
NYSE:CLFShort
by monsRUS
PT 26.80 for this cycle.NYSE:CLF It 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 NYSE: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
NYSE:CLFLong
by nitnirv
Cleveland CliffsThey have a no BS CEO who has a plan! 1. Originally a mining company, CLF has been buying steel mills associated with Arcelor Mittal as of this past year. 2. The Cleveland-Cliffs Foundation, has made several commitments totaling more than $1 million in cash contributions to several food distribution organizations in the local communities where the Company operates throughout the United States and Canada. The Foundation plans to distribute the majority of its funding immediately. 3. CLF has set a target to reduce its greenhouse gas emissions by 25 percent by 2030. Details in photo!
NYSE:CLFLong
by Redimere_91
CLF coming from a historical levelFirst a quick descriptions thanks to the trading view information on the ticker: Cleveland-Cliffs, Inc. is an iron ore mining company, which supplies iron ore pellets to the North American steel industry from mines and pellet plants located in Michigan and Minnesota. The company was founded in 1847 and is headquartered in Cleveland, OH. Sector: Non-Energy Minerals Industry: Steel We know Industrial companies have been performing better than tech companies in the last weeks; if you don't agree with this, check the Nasdaq or stocks like AAPL / AMZN / NETFLIX compared to stocks like CAT / X / AA. Let´s check the technical view on CLF -The price is above a key support/resistance zone coming from 2005 -Currently, we can see an accumulation process going on (yellow lines), also known as a corrective structure -If we have a clear breakout, we expect a continuation movement towards the next resistance zone, which provides a good risk-reward ratio. Now we will show you the exact way we will take this setup: The risk we are taking on this setup is 1% of our capital on the stop loss. Please take into consideration that this is "another trade," so be open to take profits or stop loss; remember that your edge trading this type of structures is after you execute 100 great trades with an average risk reward above 1.5
NYSE:CLF
by ThinkingAntsOk
2