CLF has hit the final target (T2 at 23.47) for a 49.7% gain so consider booking full profits as this trade will now be consider completed as both a regular Long Trade as well as the Long-Term Trade (trades expected to provide above average gains, typically for traders & investors with longer time horizons than the average swing trader). For longer-term traders wishing to hold out for additional gains, I have added a downtrend line which comes in near the 200-ema which would be the next likely resistance level. Here’s a quick visual of the trade showing the entry, first target being hit and today’s updated daily chart showing the final target hit.
Notice the nice pullback in CLF following on August 8th, which backtested the top of the T1 resistance zone, thereby allowing another objective add-on or new entry into the trade. Another example of micro-managing positions around the target & support/resistance levels shown on these chart. Of course, micro-managing trades is best utilized by active, experienced traders and the entries and exits on those trades based off the daily charts should be confirmed via the intraday charts as not all pullbacks to support prove successful.