The Soybean Oil chart is becoming more bullish.
Short term it appears to have completed a H&S bottom. I am long with a stop at 57.84 and a target of 63.84.
Long term it may have sprung a bear trap and is ready to challenge the 52-week high.
The Soybean Oil chart is becoming more bullish.
Short term it appears to have completed a H&S bottom. I am long with a stop at 57.84 and a target of 63.84.
Long term it may have sprung a bear trap and is ready to challenge the 52-week high.