KHC has been trading up within this range since the 2020 mania brought it here and I've been waiting for it to form this tentative right shoulder and as of right now after it's given us a Monthly Bearish Engulfing at the 55-Week EMA and the MACD has officially given us yet another level of Bearish Convergence I think we can safely say this looks quite bearish and...
General Mills after an amazing Cup with handle performance is now showing a multitude of Bearish Signs such as a Shortening of the Thrust in conjunction with Bearish Divergence of the MACD and RSI and a Bearish Engulfing candle on the Monthly Chart; this all points towards the probability that General Mills will be seeing some significant downside in the coming...
SNAX went up 5X last November after favorable earnings. It is a penny stock and inclined to volatility. The following could support another explosive move: (1) it just printed another favorable earnings report. (2) it crossed the mean anchored VWAP band (3) price is above the POC line of the volume profile and in the high volume area. (4) the RSI indicator...
Hormel Foods is trading within a Falling Wedge as it Bullishly Diverges at the PCZ and the Earningss Date approaches. There is also a Bullish Piercing Line on the Daily right now.
Who sells wheat everyday? It’s the price-reducing wheat bears who want to provide us all with a cheap basic supply of food. "Affordable wheat for all," chant they, offering reduced-price bushels of wheat to anyone who comes their way. At the moment, they are not to be restrained in their sell-off ecstasy, however, we already see the low of the blue wave (v) lying...
Falling Wedge formed on MC Ds. The reason it's a Falling Wedge, is because it lasted for a few months. Then the price broke up and within a few weeks, headed straight to the first take profit at $289.50. Now the price is still showing strong Bullish bias. And we need to wait for the market to consolidate and form the next pattern. I'll let you know! In the...
I placed a bid to purchase 100 units of this stock at 43.00 as it broke its resistance of 42. My cut-loss is set below this line.
We have a MACD Bullish Divergence as the RSI begins to exit the Bearish Control Zone i also like the low PE Ratio. I think it's in position to me a 50-61.8% Retrace upon breaking out.
Multi Year Upward Sloping Channel ATH in 2017 @ 853 & 80% drop to 141 in 2020 Plan - to Purchase Above Breakout 550 Or, rejection indicators close to 220 P/B - 2.4 P/E - 21 D/E - 0.1 ROCE - 20 DIV - 1.7%
Commodities are currently repricing lower due to the looming global slowdown. Meaning, there is more potential downside for commodities However, There are more significant tailwinds that will push commodity prices higher in the longer term. DBA ETF broke out of yearly downtrend in 2020 indicating that higher food prices are in the global outlook for the...
sell off after bad Q3/Q4 results and final numbers from Q2 come in still negative, and perhaps, an official recession announcement. could be bad next year, depends on weather. may get an el nino weather pattern next year, then return to la nina and more drought. hopefully there isn't widespread food shortages and famine, but theres lots of farmers complaining...
The technical figure Rising Wedge can be found in the daily chart in the UK company Unilever PLC (ULVR.l). Unilever plc is a British multinational consumer goods company. Unilever products include food, condiments, ice cream, cleaning agents, beauty products, and personal care. Unilever is the largest producer of soap in the world, and its products are available...
#FOOD #SUGAR Cheap sugar is only in our dreams. At the moment, the accumulation phase is nearing its end. The technical figure "flag" begins to be traced, the exit of the market from which, according to the canon, should take place upwards. The first target will be the resistance level ~24. Its breakdown will send futures with a high degree of probability to...
Expect orange range to hold as support for this here. Volume spikes after coming in suggesting it could be getting ready. Would be great if it held the top range but definitely doesn't have to. Nice that it coincides with the gap up on 16th of May. Looking for a swing here and this will be a ticker I'm going to be keeping an eye on for the rest of the year. Gaps...
soybeans about to run up will love to see 6951 level purge then run into the weekly FVG not a trade advice
PlantX Receives Bullish Research Valuation from Capital Y Management VANCOUVER, BC, July 27, 2022 /CNW/ - PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) ("PlantX" or the "Company") today announced that Capital Y Management, a New York-based hedge fund, has issued an independent research report on PlantX referring to PlantX as "a market leader with...
- 2021: Russia - 13.1% total wheat exports - 1.4% total corn export - 20.2% sunflower seed/safflower oil Ukraine - 11.9% total wheat exports - 11.4% total corn exports - 52.2% sunflower seed/safflower oil Ukraine struggling to export due to ports being no longer in their control and internally with workers joining...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management My team entered Tupperware Brands Corporation $TUP today at $7 per share. Our...