Milk looking like it may make a run to R2 at 16.24. Right now caught in channel. Waiting for confirmation out of channel and move to R1 at 15.96. Bear Gartley would be the pattern. Market rising above the 20 day MA which is a good sign. Lots of potential RSI to run.
Comment:
Milk rose out of channel and went through R1 at 15.96. Next upside target for bulls is 16.24 for R2
Comment:
We have a bull flag developing on Milk.
Comment:
Milk climbing again off of bull flag.