Soybean Futures (Jul 2021)Penjualan
Week 24: ZSN2021 A short consolidation prior going down again
Last week the seller fought back with momentum, it broke the support level $15.00 and going down further.
Normally after a series of drop in price, we will wait until the price normalizes (this is where "short" trader will take profit by buying back).
From the current price movement, we can wait and ready to short again at $15.00 area and our target to take profit is at $14.40.
Normally after a series of drop in price, we will wait until the price normalizes (this is where "short" trader will take profit by buying back).
From the current price movement, we can wait and ready to short again at $15.00 area and our target to take profit is at $14.40.
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