#CLF caught fire today and rose as much as 18% as it became the newest target of the meme stock crowd. This is good and bad news. The good news is obviously the big upside today as seen by that huge green candle on the chart below. The bad news is the stock is now in the meme category and will probably rise an fall by double digits on a daily basis. Based on technical analysis, the stock has hit resistance but with meme stocks the playbook is thrown in the recycling basket. There's no telling where this stock goes from here. We do have a trade posted in the #StockPRO trading room.