CLF is like a clock! Is there anything prettier than a stock that oscillates in channel? The peak-to-trough of this oscillation suggests that 5-6 dollar moves are possible. Cleveland Cliffs is an iron ore company that has been on a phenomenal run. There are incredible expectations for earnings as CLF quarterly revenue was up 1014.2%. This would be a unique play buying a call dated after earnings (7/23), but selling before the report. I am not a financial advisor. Play at your own risk.
Kommentera:
Fine... verify the channel once more... but now you run
Kommentera:
Ufff.... broke the channel. This is concerncing. Foreboding of a market correction?