"...As a laggard in the group of iron ore related, Cliffs Natural Resources (CLF), a metallurgical coal company, looks particularly vulnerable. Even as iron ore recovered last year, CLF sank to a 3-year low at the beginning of December. It belatedly rallied almost 50% from that point. CLF has traded sharply lower since its intraday high on the first trading day of the year.

(click to enlarge)

CLF's strong bounce in the last month has not shifted the downtrend as defined by the declining 50 and 200-day moving averages..."

For full article see:

http://seekingalpha.com/article/1097331-don-t-overplay-the-recovery-in-iron-ore-prices?source=yahoo

Cheers,

durban1