I have a position in this that I picked up on the earnings drop.
Was looking for a short over-reaction scalp and considering closing it out but stop to wonder if this could be an actual reversal.
Weekly - double bottom on hte breakout - bullish divergence
Double bottom on the breakout is obviously a strong support line. There will be a lot of price memory here, see the big volume candle at the current bottom. A lot of action but still didn't get past it.
----------------------------- disclaimer: this is not financial advice, I am not a CPA. Trade at your own risk.
I m in as well.. This will make ATH soon.. Inflation coming into Food and Agro products and it will be violent in my opinion..I m long CIM as well.. Just adding to CIM and A2M at important levels.. position building.. See these puppies after 4 months.... will be funding my new Bentley GT
lemonnemo88
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love it. thank you
MoneyMakerTrade
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Good job !
RB1988
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Just brought today. Looks very oversold. Even a dead cat bounce should see 10s (assuming this isn't the bottom).