porcupine80
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since Mar 9, 2022
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Technical: Similar to yesterday, I'm bullish on beans. We have support below the current consolidation range and a lot of indications that we could see a strong move up after a bit more choppiness. Fundamental A little birdy known as Descartes Labs gave me some insight into the production forecasts for beans yesterday, and signs point to Wasde over-predicting...
1
Technical factors: Double bottom formed with a higher Low on the second retracement, which was also accompanied by volume accumulation. Long-term upward trend (view weekly chart). Up-trending channel in the medium-term. Well-defined risk. Low-volume node (LVN) that provides for an early/aggressive breakout entry (likely today). Fundamental...
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