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	Comments on: /ZW WEAT Wheat First Price Target Hit 10-31-22	</title>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/zw-weat-wheat-first-price-target-hit-10-31-22/#comment-25299</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Mon, 31 Oct 2022 16:12:00 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=209655#comment-25299</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/zw-weat-wheat-first-price-target-hit-10-31-22/#comment-25296&quot;&gt;IJN&lt;/a&gt;.

Congrats so far but might have to be patient with this one, if taken as a longer-term swing/trend trade. Wheat futures pulling back to support &amp; I added one more support level at 856 1/4 to make a support &#039;zone&#039; from ~863-856) added with the arrows showing why (multiple reactions previously). Headlines causing the pullback state that grain ships keep sailing from Ukraine despite the Russian Deal suspension but this trade was initiated on Friday based on the technicals (chart), not the fundamentals (news) and the only thing that&#039;s changed since the entry is that the bullish case has firmed up based on today&#039;s bounce off that key &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;An uptrend occurs when a security or index is making a series of higher highs &#038; higher lows.&#039;&gt;uptrend&lt;/abbr&gt; line support level &amp; firming up of that 60-minute divergence. FWIW- I&#039;ve added 2 more lots to my position today, one at the top of that support zone (just above 863) and one here just above 856. Best of luck on your trade.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/zw-weat-wheat-first-price-target-hit-10-31-22/#comment-25296">IJN</a>.</p>
<p>Congrats so far but might have to be patient with this one, if taken as a longer-term swing/trend trade. Wheat futures pulling back to support &#038; I added one more support level at 856 1/4 to make a support &#8216;zone&#8217; from ~863-856) added with the arrows showing why (multiple reactions previously). Headlines causing the pullback state that grain ships keep sailing from Ukraine despite the Russian Deal suspension but this trade was initiated on Friday based on the technicals (chart), not the fundamentals (news) and the only thing that&#8217;s changed since the entry is that the bullish case has firmed up based on today&#8217;s bounce off that key <abbr class='c2c-text-hover' title='An uptrend occurs when a security or index is making a series of higher highs &amp; higher lows.'>uptrend</abbr> line support level &#038; firming up of that 60-minute divergence. FWIW- I&#8217;ve added 2 more lots to my position today, one at the top of that support zone (just above 863) and one here just above 856. Best of luck on your trade.</p>
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		<title>
		By: IJN		</title>
		<link>https://rightsideofthechart.com/zw-weat-wheat-first-price-target-hit-10-31-22/#comment-25296</link>

		<dc:creator><![CDATA[IJN]]></dc:creator>
		<pubDate>Mon, 31 Oct 2022 14:48:28 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=209655#comment-25296</guid>

					<description><![CDATA[I signed up for your service Friday afternoon.  Bought WEAT on your suggestion. Never bought WEAT before.  Up 5% the next trading morning.  HAHAHA.  Thanks Randy.]]></description>
			<content:encoded><![CDATA[<p>I signed up for your service Friday afternoon.  Bought WEAT on your suggestion. Never bought WEAT before.  Up 5% the next trading morning.  HAHAHA.  Thanks Randy.</p>
]]></content:encoded>
		
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		<title>
		By: 1111GhettoSpread1111		</title>
		<link>https://rightsideofthechart.com/zw-weat-wheat-first-price-target-hit-10-31-22/#comment-25294</link>

		<dc:creator><![CDATA[1111GhettoSpread1111]]></dc:creator>
		<pubDate>Mon, 31 Oct 2022 13:41:55 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=209655#comment-25294</guid>

					<description><![CDATA[Great call Randy]]></description>
			<content:encoded><![CDATA[<p>Great call Randy</p>
]]></content:encoded>
		
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