Louk_Min

$CLF Great company but massively overbought

Satış
NYSE:CLF   Cleveland-Cliffs Inc.
My opinion on this stock is that its a great company in no doubt one of the greatest fields to be in 2022. But it is way to stretched at the current valuation and I can see the stock testing their support level at approximately 26.5$, the RSI currently is more than 75 points and the company normally trades at 50-55. I have opened a short position myself, let me know your thoughts on the company. As always that is not financial advise as I am just expressing my personal opinion so please do your research.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.