the_sunship

Wheat Kings

Long
the_sunship Updated   
AMEX:WEAT   Teucrium Wheat Fund ETV
I know, it's the grandpa trade, but honestly this is looking stunning for a steady move up to at least all time highs (50% move) and probably higher, my guess is into the 20's. Best to wait for 8.50 to be taken and then buy dips. Check out the other charts below for a longer term view.
Comment:
to the trendline, looks bullish
Comment:
breakout on WEAT
Comment:
backtest this morning, needs to hold above 7.90
Comment:
Daily candle looks promising for bulls.

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