Posted 10/30/2014 19:05 (#4152478 - in reply to #4152435) Subject: RE: Tell me what you see on this chart...
Starbuck Manitoba Canada
1586 I think you have to go to at least a 6 month snapshot. The high before the tumble was about $5.20, so a 50% re=tracement would take corn to the gap, or $4.16 ish. I think it is defiantly a target for the trade.
This has been a decent rally and to sell a little here and every dime higher would be prudent management. IMHO
I would also expect to retest the lows at some point.
Tell me what you see on this chart...
