Remko
Long

CBoT corn is a long play

CBOT:ZCZ2016   CORN FUTURES - ECBT
50 0 0
Corn:
Price has traded up to our buy stop level after which it made a corrective move back down again. Price should not trade below the latest low of 346 as it will then likely trade further down to the 325 region which would be some 13% below the 375 buying stop zone which would be by far too much of a loss on the price. For now we consider this market to be a buy but we want to see price trade up to the 385 level next week. The upward potential on this chart is 25-30% from here.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out