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Cleveland-Cliffs Has Been Putting the Pedal to the Metal

·1 min read
Cleveland-Cliffs Has Been Putting the Pedal to the Metal
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The new Point and Figure charts (above) give us new targets of $25 and $33. In this daily bar chart of CLF, below, we can see how prices have soared upward on Wednesday and now. Trading volume has expanded and that is bullish and the simple, math-driven On-Balance-Volume (OBV) line is strong.