CLF(Cleveland-Cliffs Inc) begins to rise.

CLF(Cleveland-Cliffs Inc) begins to rise. In the technical analysis, we can see that an ATR axis that has been forming for many weeks has turned into a wave sequence axis. The sub-waves of the wave sequence were accurately used as a resistance level and then crossed the axis, now acting as a support level. It can also be seen that the longer wave sequence uses the former ATR axis as an exactly symmetrical axis. This may help in determining the next target price of the now following CLF rising wave phase. When considering the next sequence, we should consider the wave sequence formed in the blue square. This means that the next target price could be : 28.60 usd.