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Cliffs Natural Resources Inc. Message Board

  • stockvestigator stockvestigator Sep 21, 2013 8:03 PM Flag

    Any tick above 24.20 will result in an explosion to 28 plus in a few days

    The technicals in the name,and nothing else matters in any name it seems, indicate a few cents trade above 24.20 will target an explosion. The stock price is suppressed, The sentiment is negative.The upside is huge. Trade as you will.

    Sentiment: Strong Buy

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    • Well, first you have to get to 24.20. Right now you have bearish divergence on the indicators and it is sitting just above the swing point of Sept 13th ready to blow it away to the downside. On Friday it came down into the range of that swing bar with 8.2M shares versus the 5.7M on the 13th. The next swng low of Aug 30th at 20.76 only had 5.5M shares. But you have volume at 19.93 to 18.27 put in back on July 26th. That should hold it.

    • You are correct with the 24.20 call. been looking at charts somewhat today. I think we bounce off of 20 again, either 19.80 - 20.30. not sure what level breaks the uptrend technically but will be watching like a hawk.

6.14-0.09(-1.44%)Sep 23 4:03 PMEDT