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ENG
Currently, the price is in wave 2, ABC correction.
The correction phase I suspect to 9.20USD
Should the price fall below the 9.20USD would still be a support at 6.10USD to expect.
At 9.20USD or 6.10USD I expect the beginning of the impulse wave 3 which could rise between 44.10USD and 65.21USD.
My primary target is here at the 62.21USD, from there I expect...
Volume is needed to solidify breakout. My guess is that will begin on Nov. 3rd with a significant PR announcement involving Ingredion and will continue on Nov. 4th with a surprise earnings beat. I would anticipate a series of additional minor PR releases the following 10-14 days to include new supply deals/contracts and the unveiling at least two new hero...
