Meal
Happy Meal Equivalenciespondering opening a short scalp at the second top of the "M", then switching to long at the bottom where there is strong support
HELLOFRESH what's the next move?A friend of mine asked me to do a technical analysis on HELLOFRESH - an international publicly traded meal-kit company based in Berlin, Germany.
I liked the chart right away as it is very technical.
Trade with care! - chartingfeed
PAYC steady uptrendVery steady and loyal pattern! this one knows how to make gains, steady and consistency is key. Every now and then your allowed a cheat meal or a drink but the progress is strong on this one this is in it's prime!
Soybean Meal /ZM possiblity of entering textbook resistanceThis could be possibly the easiest short out there on the futures markets. This resistance area at 340 was tested as support numerous times and held until September. It has yet to be tested as resistance. Usually the first touch of support-turned-resistance holds very strongly as multiple traders will be looking at the same area to enter short.
Target is a significant move lower from this area, that could change of course depending on the price action following an entry of the trade. Stop is simply above the resistance area. The risk/reward for this trade is phenomenal due to how clean the resistance is.
