Foren & Soziale Netzwerke zur CLEVELAND-CLIFFS Aktie

 

Price has followed the trend structure suggested in the previous August and September updates and has now reached a key mid-term resistance target, where selling pressure could emerge and push price into a larger-degree higher low formation within the 10–8 macro support zone, initiating a new base-building process. If price manages to sustain a breakout above the 15 level, it would open the door for a more prolonged upside and shift the structure into a more immediately bullish interpretation from the 2025 lows. Chart: https://www.tradingview.com/x/XQPdabMA/ Previously: • On upside momentum continuation (Sep 3): Chart: https://www.tradingview.com/x/5zZFGthI/ https://www.tradingview.com/symbols/NYSE-CLF/minds/?mind=17FA8hv1SjCggqCbWOstAQ • On bullish trend structure and support zone (Aug 11): Chart: https://www.tradingview.com/x/xfRGlveg/ https://www.tradingview.com/symbols/NYSE-CLF/minds/?mind=R7fQWpQURLGcXlZJe6dDvw

Kursziel: 12.45695 €

Cleveland-Cliffs Inc. (CLF) is the largest flat-rolled steel producer in North America and a major supplier of iron ore pellets. Serving industries like automotive, construction, and appliances, the company provides essential materials for manufacturing and infrastructure. Cleveland-Cliffs' growth is driven by strong demand for domestic steel, vertical integration from mining to steelmaking, and its strategic focus on serving U.S. industrial and infrastructure needs. On the chart, a confirmation bar with rising volume shows bullish strength. The price has entered the momentum zone after breaking above the .236 Fibonacci level. A trailing stop can be placed just below this Fibonacci mark using the Fibonacci snap tool, helping traders protect gains while leaving room for additional upside.

Kursziel: 11.9756 €

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Kursziel: 14.8971 €

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Kursziel: 14.2455 €

Kursziel: 12.39561 €

12.13.2024 / NYSE:CLF Fundamentals. The news background is neutral. Technical analysis. Daily chart: Downtrend. The previous day closed below 11.00 - the level of the last trend break. We also draw the previous day's low 10.77. The level 10.21 formed by the trend break in September is ahead. Premarket: no activity. Trading session: The price is in accumulation above the 10.77 level after an unsuccessful attempt to return beyond the 11.00 level at the beginning of the trading session. Then price continued to tighten to 10.77 after an unsuccessful attempt to reverse to long at 10:30 a.m. We consider a short trade in continuation of the movement. Trading scenario: breakdown (tightening) of the 10.77 level Entry: 10.75 aggressive entry upon breakdown of the level. Stop: 10.81 we hide it behind the previous accumulation high. Exit: We observe a smooth movement without significant pullbacks after the breakdown. With due patience, you can reach 10.21 or close the trade in parts in accordan