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Cliffs Natural Resources Shares Up 16.1% Since SmarTrend's Buy Recommendation (CLF)
Jan 10, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Cliffs Natural Resources (NYSE:CLF) on December 12th, 2012 at $32.51. In approximately 4 weeks, Cliffs Natural Resources has returned 16.06% as of today's recent price of $37.73.
In the past 52 weeks, shares of Cliffs Natural Resources have traded between a low of $28.05 and a high of $78.85 and are now at $37.73, which is 35% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1% while the 200-day MA has slid 1.1%.
Cliffs Natural Resources Inc. is a diversified mining and natural resources company. The Company mines for iron ore and coal in locations across North America, South America, and Australia.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Cliffs Natural Resources shares.Log in and add Cliffs Natural Resources (CLF) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup
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