ProfitablePattern

$CLF bouncing off support& bullish falling wedge.5 bagger coming

NYSE:CLF   Cleveland-Cliffs Inc.
$CLF is bouncing off multi month trend line support after recent blowout earnings which pushed $CLF out of a channel and well over $11. Buyable pullback here and it is just now pushing higher out of bullish falling wedge. Strong fundamentals going forward and best met coal in the industry. CEO is talking about instituting a dividend. $CLF used to be over $100 a shares years ago and I would be surprised if $CLF is not $50 a share in the next 5 years. I have added significantly on this pullback and it is my largest holding. Listen to the recent conference call please. The CEO is very bullish and he is not a permabull by any means.

Feragatname

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