Lean Hogs FEBRUARY 2020 has broken through a support line of a Rising Wedge and suggests a possible movement to 67.5556 within the next 2 days. 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 26 days.
Related Posts
Will Brent Crude break through the support level it tested before?
The price of Brent Crude in heading back to the support area. It is possible that it will…
Gold Spot is signaling a possible trend reversal on the intraday charts with price not breaching support.
Gold Spot is moving towards a resistance line. Because we have seen it retrace from this line before,…
Brent Crude formed a Channel Up on the 1 hour chart. Retest of support in sight.
Brent Crude is moving towards a support line which it has tested numerous times in the past. We…