Yesterday I posted a chart with my long term view on CLF. Here is the link
Going with my weekly bullish bias, I regard today as a good level to go long because we have :
1 Class A bullish divergence on the MACD
2 slight bullish divergence on the histogram
3 price closed over previous low at 18.50$.
Only worry is the falling volume.
Going with my weekly bullish bias, I regard today as a good level to go long because we have :
1 Class A bullish divergence on the MACD
2 slight bullish divergence on the histogram
3 price closed over previous low at 18.50$.
Only worry is the falling volume.