Cliffs Natural Resources (CLF) Remains in Grasp of Massive Base Formation

The year-long price path of Cliffs Natural Resources Inc. (CLF) continues to carve out a potentially giant base formation.

Yes, there is much work that needs to be done, but an enormous amount of work already has been done within the construction of the base.

I don’t know what the ultimate catalyst will be, or what catalyst Mr. Market will start to discount, but given the enormity of the base, the catalyst will be very significant and an industry game-changer.