$CLF metals get a bounce as market steady & value catch-up

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Cleveland-Cliffs Inc. (BATS:CLF)

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BATS:CLF Cleveland-Cliffs Inc.

trendanalysis fundamental beyondta steel clf clevelandcliffs commodities ironore valuestocks metals industrialmetals

Cleveland-Cliffs the steel producer looks cheap here. CEO has been working to reduce the blast furnace emissions which gets them a lot of praise. Cleanest steel produces in the world. CLF is vertically integrated and the fact it produces its own ore is huge. May acquire US Steel before year ends which would give this company a lot of power when it comes to the steel market. Looking for at least 18 in the short-term.

交易進行:

Quite a run. I am raising the stop on this trade to any close under 17

手動結束交易:

Took the profit on CLF. Nice trade