Soyameal:
Basically a non-event again during the past week with, indeed, one more test of the 295 region after which price bounced up again. We keep our bias unchanged to the downside but stops should be tightened. A quick look at the Bollinger Band (not displayed on the chart) shows that the BB has been contracting considerably during the recent past which is a bode that a violent move is coming the market. We still expect same move to be to the downside but since there are no guarantees offered in TA it is a wise policy to tighten the stops (and to take some long straddles).
Basically a non-event again during the past week with, indeed, one more test of the 295 region after which price bounced up again. We keep our bias unchanged to the downside but stops should be tightened. A quick look at the Bollinger Band (not displayed on the chart) shows that the BB has been contracting considerably during the recent past which is a bode that a violent move is coming the market. We still expect same move to be to the downside but since there are no guarantees offered in TA it is a wise policy to tighten the stops (and to take some long straddles).
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.