CLF has confirmed the breakdown of a Bearish Dragon and has tested the 200 SMA and the Weekly Support Resistance Level of $14.37 as Resistance again.
Now I am going to be looking for CLF to come down to make a 0.886 retrace from here, which should take it down to about $6.5 as it completes the Bearish Dragon
Now I am going to be looking for CLF to come down to make a 0.886 retrace from here, which should take it down to about $6.5 as it completes the Bearish Dragon
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.