Cleveland-Cliffs Inc. (CLF) shares are up 3.10% to $11.79 as of 2:55 pm on Wednesday, rising from the previous close of $11.44. The stock's upward movement today appears to be driven by technical trading signals. Analysts have identified a buy signal as the stock broke through a resistance level at $11.67, with an upside target of $12.12. This technical analysis suggests that the stock's current price action is aligned with a bullish trend, encouraging traders to enter positions.