Agriculture set to Boom -- Monsanto Green Cup of Tea

Agriculture is lagging rest of Commodity field. However, the Ag index is starting to warm up.

Monsanto Cup Pattern

TGT 1 = 100
TGT 2 = 108.50
Comment: The price tag for Bayer to acquire Monsanto would be about $65 billion, Citi Research analysts P.J. Juvekar and Daniel Jester wrote in a note to investors Thursday.

65 Billion @ $131 a share (not enough) Shareholders will reject the offer.
positive news , a buyout
you will get a nice pop up today !
perfect timing
+1 Reply
It was .. Talks are happening and 60-65 billion is the valuation shareholders are seeking. However, BASF might try to outbid Bayor.

87 contracts at 115 for June expiration
VitalyKaminsky QuantitativeExhaustion
+1 Reply

Double Bottom - Cup Pattern Completion
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