lowtrade

[lowtrade]

One step at a time. Have any idea how many small caps have that exact pattern. More then I have fingers. If the market bottom is in, the Russell 2000 bounce will continue and we won't have any trouble finding stocks to play under $5. First the trading sentiment change, needs to change the investment phycology. Then comes the comeback climbs. One step at a time. Is all I'm saying.

And in CLF's case, volume is already falling in the climb. You may eventually see $15, as there aren't any real resistance level going up. But I personal wouldn't call for the top, before it has some wind under it's wings. Complete come backs are the exception to the rule. Not a given in any case.

CLF good prospect. As with many small caps right now.