TomProTrader

CLF continuation opportunity?

NYSE:CLF   Cleveland-Cliffs Inc.
1
20 EMA is still acting as resistance, opportunity to get in this trend continuation here. I'd expect a downside move to just before the 1.618 extension (15.00 psychological level near the 1.618 extension.)
This would be a short term move, as the bigger picture is that this stock is definitely in the process of bottoming.
Aviso legal

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