INGR weekly cup and handle with technicals implying a move to $110 by FEB.
Look for $93 VP Shelf as support , stop slightly below. Good R/R with commons.
Hey guys, INGREDION is in a fake bearish move with a gravestone and low purchase volume made. On the TIMEFRAME M1 we can see a marubozu with a low buy volume and just before a high sell volume has traded. Strong potential for breakout the price at the same time a breakage of the VWAP will exercise to get to the top of the consolidation zone. After a breakout will...
Ingredion is approaching long term supports at $74 and $58. A buy at $58 followed by growth back up to its all time highs of about $148 would mean about 250% growth!
DISCLAIMER. This post is for educational purposes only and should not be construed as investment advice. Your use of the stock observations is entirely at your own risk and it is your sole responsibility
It seems a Bullish trend is on way. H&S neck has broken and second resistance will act as the breakout target. Note that the chart is the weekly chart and need to check the daily chart for entry point.
Pea protein will replace traditional Whey protein >>>company is investing heavily in pea manufacturing and refining <<<
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