At the beginning of the week, in our “Flight Path” newsletter, we identified commodities, particularly agriculture, as an area of potential opportunity for an investor looking to maintain some asset diversification.
Diving into that category we looked at AGCO, and highlighted the low risk entry that was generated by GoNoGo Charts on September 1st. Since then, the GoNoGo Trend has continued to paint blue “Go” bars, and in doing so has consolidated above resistance.
The GoNoGo Oscillator has found support at zero and has seen heavy volume over the last few days (as shown by the dark blue of the oscillator line)
Diving into that category we looked at AGCO, and highlighted the low risk entry that was generated by GoNoGo Charts on September 1st. Since then, the GoNoGo Trend has continued to paint blue “Go” bars, and in doing so has consolidated above resistance.
The GoNoGo Oscillator has found support at zero and has seen heavy volume over the last few days (as shown by the dark blue of the oscillator line)