MBII (another ag input) I am really excited about, I think it could be next, great price today. Here is my chart on it. I have alot of it, but really want to buy more.

Thank you. I got back out again already around $10, I am hoping for one more swing down then I plan to buy and hold for awhile. The volatility is really picking up on YTEN, seems like something is about to happen. I have a feeling this is going to explode again like it did in January and CGA did recently. I like trading these Ag inputs. They move so much.

Man, you completely nailed the $8.30 level. It tagged that level, and instantly shot up to $10.41 so far this morning.

That is all based on the belief that AG Inputs will do well in the new bull market for commodities. Which is Randy’s thoughts I just agreed with them.

I’ve been still trading some YTEN. I have been expecting it to drop to the $8.30 level before it makes a bigger move up. That is a big line on my chart. I keep thinking it might act similar to CGA because they made similar moves at similar times back in Dec/Jan, CGA just blew up 200% in mid April (I missed again btw), so I have been holding a little YTEN tying not to miss a move like that. But I am planning to take a full position around $8.30.

I’m not sure how to play this because if there aren’t drivers to deliver the gas, won’t that cause a glut of gasoline at refineries? Wouldn’t that lower the price as the supply is stuck at producers? On the other hand, a shortage of gas at the pumps would drive up the price? Is UGA the best stock for playing gasoline prices?

Thanks

https://www.cnn.com/2021/04/27/business/summer-gasoline-shortage/index.html
https://www.foxbusiness.com/energy/truck-driver-shortage-could-pose-threat-to-gas-supply

That”s what I am looking at. Maybe a break above the wedge as a buy signal.

Maybe @rsotc can share his opinion

Well, I know how this will go. I will be too reluctant to jump in, and then YTEN will break through the major downtrend line and quadruple or more. LOL

YTEN bounced off 200 MA into gap resistance. I too was looking at it, but I can’t make the case to buy it when many of ag input stocks remain in close proximity to major resistance levels + given the already insane run up in virtually all ag input stocks.