Head & Shoulders pattern on Cleveland Cliff Inc.

Cleveland Cliff stock is forming a Head & Shoulders pattern since May that is about to break. Watch the chart if price breaks the $5.7 support of the neckline. If breaks down, there is a potential short position to $1.15 (2016 min.) as a final target, with a first target in $3.75. Be careful with this position, because is a volatile stock.