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Saving Grace

06/11/20 12:37 PM

#5534 RE: greasemonkeyshoes #5533

There's a small gap at 5.60 I took shares off the table at 7 when the RSI was 80 and got them all back with some extras at 5.70

I didn't want to get too greedy waiting for 5.60 as we all know this is heading for 10 and beyond. Iron ore price at 109 a tonne will make Cliffs a pile of profit with already mined inventory.

AK segment will flourish with all ducks now in a row. Looking forward to the next RSI thrust as we are going to see it sooner or later.

China has weather problems and Brazil is in bad shape and demand will only increase. ASX doesn't even compare with Cliffs any more and glad we got the hell out of Australia with buyer at the right time.