reversalradar

CLF creates new high - shorts are spent

Long
NYSE:CLF   Cleveland-Cliffs Inc.
clf
This is a crap stock, but its so low and it's going to catch a rally with resurge in gold / other commodity stocks. Looks better on a 6 month daily chart, but it just seems like a good time to buy... is it possible it goes bankrupt? I don't think so, and with any kind of commodity recovery this should come back right?

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