Teucrium Soybean Fund
Long
Updated

SOYB , LONG

107
Trying some commodities plays going forward.

SOYB is one I took in the early aftermarket .. looks worth a shot to me . It's the second wedge drop/ wedge pop setup after the lockout, first was march 22 (note the WD that occurred) .
Entry here in AM at - 10.37
Stop - 26.99
De risk 28.07

Chart Legend

IBO = initial breakout
BO = Breakout
E = Entry I like
Note
Correction : First wedge drop after the lockout occurred on march 16th , not the 22nd *. I consider the lockout the period starting after E1 mark, this is because it was difficult to enter on a daily pullback for most traders ..
Trade active
De-risked this on Friday original stop in effect on balance .
Trade closed manually
sold the balance here today at 28.07

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