Comments on: /ZW WEAT Wheat Swing Trade Setup 5-2-23 https://rightsideofthechart.com/zw-weat-wheat-swing-trade-setup-5-2-23/ Stock Trading, Investing & Market Analysis Thu, 29 Feb 2024 14:20:56 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/zw-weat-wheat-swing-trade-setup-5-2-23/#comment-27423 Tue, 02 May 2023 14:51:18 +0000 https://rightsideofthechart.com/?p=211357#comment-27423 In reply to dayoub.

wheat has had numerous double-digit rallies during the downtrend since then & the 3rd & final target on this (untriggered) swing trade setup is about 14% above current levels so take or pass if a breakout/buy signal is triggered. just passing along a trade idea on something completely uncorrelated to the stock market so a way to provide diversification & asset allocation in addition to a pure-play swing trade idea.

]]> By: dayoub https://rightsideofthechart.com/zw-weat-wheat-swing-trade-setup-5-2-23/#comment-27419 Tue, 02 May 2023 14:25:05 +0000 https://rightsideofthechart.com/?p=211357#comment-27419 your MACD (PPO) signal has been bearish for much of this leg down… weekly chart on WEAT looks bearish. WEAT broke out in Oct 2020., I am thinking it will retrace 100% of that move to 5.61…..not that it cannot get a bounce until then, but it looks….. bad…..

]]>