TradingView
eddy121384
May 8, 2019 4:00 AM

Buy Wheat, potential to rebound!  Long

WheatOANDA

Description

Wheat price rebounded from low of 420 recently, and failed to berak the previous low in Feb. Seems to have potential to from up a W shape buttom. Technically, daily MACD and stochastics have bull divergnece signal and weekly MACD histogram is now sloping up. thus would bet on a rebound to come. This is a trade that assume to have potential before Jun. according to past experience. May be able to buy more if price drop.
More