Agriculture commodities are coming back up pushing this stock up as well. I opened a small position today but I think is going to pull back so I'll add then. Looks like a bearish channel but also like a bull flag, either way it bounced off the bottom very hard and I think it will eventually break out. I could take a few weeks, be patient.
Trade ativo:
Getting closer:
Trade ativo:
Still holding this, because it pays some dividends and I think just hit bottom. This is an agriculture stock, agriculture commodities also hit bottom. During the drop I sold covered calls and now I expect it to go up and I will sell mover covered calls in its way up. At the same time is forming a massive bullish flag, so while I'm waiting I receive dividends and cash from covered calls until it breaks out violently like it did before. Isn't it great?