Lean Hogs: Looking For Upside Action

Comments on the chart

Note

Good move up today

Note

Price has moved up as expected and hit the upper boundaries of the triangle structure. Price then retreated - respecting the structure. we are at crossroads here. If this is a triangle price will continue down and breakdown out of the structure. If not price will break out to the upside and head much higher

Note

The upmove continues. A breakout out of the structure will hint of much higher prices

Note

We have has a breakout to the upside. The triangle idea is a successs

Olu

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Olu