Lean Hogs JUNE 2021 has broken through a support line of a Channel Up and suggests a possible movement to 108.4386 within the next 19 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 25 days.
Related Posts
Brent Crude has broken through a level it has tested 3 times in the recent past.
A strong resistance level has been breached at 66.3745 on the 4 hour Brent Crude chart. Technical Analysis…
After testing the support line numerous times, Silver Spot is once again approaching this line. Can we expect a bearish trend to follow?
Silver Spot is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a…
Silver Spot formed a Channel Up on the 4 hour chart. Retest of resistance in sight.
Silver Spot was identified at around 36.0735 having recently rebounded of the support on the 4 hour data…