hello traders
this is my view about the market of zc , since last August the corn market has gone up and as you can see and at the end of June the corn fell and we maintain a balance
At this stage I have the confirmation to buy in again. Not much to say, just look at the previous ideas for the fundamentals.
Trends and patterns in grain auctions, local meat production and corn production are all indicative of stronger grain demand by China in the coming years, reported S&P Global Platts.
reference
No, it's not a cryptocurrency poised to double in price, it's just the price of CORN (yes, the one we eat).
You can make Fajitas and Tacos with it🌮, use it as a topping on your pizza or eat it on the cob 🌽, you can even go ''pop'' in the cinema🍿. Also your cornflakes Tony🐯, yes!
Over resistance, tested it as support and not gonna stop until it approaches the...
Corn prices are up against the wall after a sharp multi-month drop. The rising 200-day Simple Moving Average (SMA), along with an area of support from January to March trading, may offer bulls a chance to regroup. The MACD and RSI oscillators indicate downward momentum may win out, however. A break lower likely opens the door for further losses.
Corn baby, CORN!!!
We have talked about Bitcorn, since Corn has been rising faster than Bitcoin.
We talked about pop-Corn and watching Corn rising like Superman
Well, it's time to stock up on your Kellogs people. This Price is going to 900 (check our previous idea below)
the CornProfessor
ps. this is my favorite breakfast: www.kelloggs.co.uk Thank you Tony,...
Corn is not a cryptocurrency, to begin with.
For some of you all you trade is cryptos. I could understand that up to a degree but it is SO wrong.
Cryptos should be a part of your trading/investing, you should always diversify and keep your eyes open for opportunities in other categories like commodities, shares, indices, etc etc
Well, here is the update on...
This is a good spread to trade. If you’ve not traded Corn before, just read on, because this style of spread trading is interesting. It has both technical and fundamental aspects and is built on a history of good stats.
Corn has an annual crop cycle. It’s planted in April/May, subject to weather issues in the following months, then harvested for first delivery on...
Corn looks very bullish to me.
Corn has large gaps between support/resistance levels. That means when the price moves it moves fast.
Corn price has broken two resistance levels and broken out of a symmetric triangle to continue the bullish momentum. The large time gap between the previous high and the breakout could mean that Corn could move to the next...
Ascending channel in weekly chart is going to be broken soon, since RSI is 75, and RSI divergence has formed, technically we expect to see the price in lower levels soon but fundamentally it is still likely to go up to the end of march. But I doubt price goes up more than 600 since Argentina is going to terminate its export ban since the coming week and COVID-19...
Corn seems to be in the final stage of a bullish run here. In terms of % gain, it is almost at the psychological 100% increase area from Mar'20 low. Short risk exposure is becoming more risky at these levels. With another push higher, some decent supply inflows are expected.
With prices for corn futures, wheat and soybeans on fire, the prospects for fertilizer companies like Nutrien have never been better. The stock trades at only 1.4x book value and pays a 3.5% dividend yield. Earnings surprises (like the prior two quarters) are likely to continue.
hello traders, Welcome back to the corn chart.
we have mentioned the reversal point of the price action of the Corn chart.
Thank you and Trade safe.....
Corn continues to trade along the lower end of the trend channel. Both daily and weeklies are still on the uptrend but watch carefully as some of the momentum indicators continue to flatten.
On the fundamental side, erratic weather patterns in South America and continuous large demand from the Chinese continue the bullish case for the corn and the grains...
