Use access key #2 to skip to page content.

inthemoneystock (< 20)

Coal Stocks Continue To Show Life



June 16, 2014 – Comments (2) | RELATED TICKERS: CLF

Cliffs Natural Resources Inc (NYSE:CLF) had a reversal candle on Friday. This would be seen in the strong move up on Friday after the stock made a new 52 week low on Thursday. It often spells a reversal in stock price in the near term and can lead to great profits. Cliffs Natural Resources is a coal stock and is in one of the most hated sectors in the whole market. If you are a contrarian, this is also a positive as Cliffs Natural Resources. Based on the current price action this stock should be on high alert for a buy.



Gareth Soloway




2 Comments – Post Your Own

#1) On June 16, 2014 at 1:25 PM, EnigmaDude (55.14) wrote:

It's the most hated sector because there is no future for coal. Smart investors know this.

Report this comment
#2) On June 16, 2014 at 1:44 PM, EnigmaDude (55.14) wrote:

And Cliffs is an iron ore miner, not a coal stock.

Report this comment

Featured Broker Partners