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tsoracco
Oct 12, 2017 7:44 PM

AGRO Short

Adecoagro S.A.NYSE

Description

Bullish indicators in MACD, EMA crossing indicates for possible buy opportunity.
Long term fibo may indicate bullish trend in the future, taking 11.14 as a target.
If wrong, dropping to target @ 10.30.
Comments
Memphis_Jay
Im confused. Are you long or short here?
tsoracco
@Memphis_Jay, short term, entered @ 10.40 and looking for target @ 10.76
Memphis_Jay
@tsoracco, You do of course realize that short and long refer to whether you think the price is going to go up (long) and down (short)...? Short and long are not in reference to the length you plan on holding said equity. Not to get a snooty on you or anything.
tsoracco
@Memphis_Jay, i didn't actually. I'm not a native english speaker, slowly getting grasp of the terms, so thank you for pointing it out.
So, just to be clear, i think the price will go up.
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