Lean Hogs JULY 2023 has broken through a support line. It has touched this line at least twice in the last 22 days. This breakout may indicate a potential move to 83.9912 within the next 11 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
Supports and resistances are primary concepts of technical analysis. US Oil is heading for an important price of 62.3310 – read about what this could mean for the future.
US Oil is about to retest a key horizontal resistance level near 62.3310. It has tested this level…
US Oil formed a Channel Up on the 30 Minutes chart. Retest of resistance in sight.
US Oil is moving towards a resistance line. Because we have seen it retrace from this line before,…
A Triangle has formed, Natural Gas is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
Emerging Triangle detected on Natural Gas – the pattern is an emerging one and has not yet broken…