CLF bounce due to technical break out from ongoing war conflicts between Ukraine and Russia. with possibility Russia of being cut off for importing goods to other countries.
this makes other energy producers shines due to desperation finding alternative resources.
CLF failed to meet the wallstreet expectation EPS from recent earnings and got downgrade by goldman sachs from 28 to 26 bringing the stock down for a bit.
with the possibility of high demands on energy stocks, this makes the CLF & PLUG more appealing and other energy stocks.

Day trade or scalp target play: 03/01/22

Buy call above 22.72 sell at 23.10

Buy puts below 21.91 sell at 21.20


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