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benedekdomotor

Symmetric triangle

Panjang
Cleveland-Cliffs Inc. (NYSE:CLF)  
benedekdomotor  
NYSE:CLF   Cleveland-Cliffs Inc.
Trend Analysis Technical Indicators Chart Patterns
2
2
trendanalysis indicator chartpattern
It looks like a breakout is about to happen.
The overall picture looks bullish.
We got above the P-Pivot point, also reclaimed the 20 EMA once again.
As for the indicators; RSI and MACD indicate more upward movement.
The only concern is that the price is stuck between the 2 EMAs.
We have to get above the other one as well, with high volume!
Short term price target: 23,49
Support: 21,16

Idea Berkaitan

benedekdomotor
Bullish pennant on the weekly chart.
benedekdomotor
Breakout incoming?
Penafian

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