Bunge Limited
Long
Updated

Windows get open and then windows get closed

74
It appears BG has some unfinished business to attend too. After opening a window to lower price levels it now appears to be attempting to close the window it open, note arrow. Windows can be used as support, resistance, and price targets. After re-testing the bullish breakout from the triangle pattern, higher price levels could be ahead for BG. Note consumer/non-cyclical tactical allocation.
Note
The clip below provides a 20,000 feet view of BG. Note, the upward slopping and bullish positioning MA's. Overhead supply could cause for a bump and grind until BG trades above the white trend line.

snapshot

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