May Oats has created a head and shoulders with a time of writing headstone. A two day close below the moving average, a sinking RSI. Possible dowtrend to 224'6 completion of bullish Gartley.
Comment:
Oats broke neckline and another upward trend today. Looking for fall to 224'6 this week if bears can push it that far. Next downside target is 237
Comment:
Oats slid further off of H&S Looking for 225 for next target. Flat bottom candle suggests and RSI that still has a lot of potential, we could see a lot more selling before turn around.
Comment:
Oats hammered a possible bottom today. Still could see more selling down to 229'2 and then down to 224'6. This may be a pause to bearish flag. Need confirmation.
Comment:
Oats nearing its final stage of bullish Gartley. RSI near bottom. Friday may bring an up serge or continued selling producing a Bat.
