Chart shows a nice upward channel. If it were to break into a new high, that would put it into the $58/$59 range which would be a good increase. Long-term chart shows a long-term upward trend. Thinks this will continue.
Short term does not look very good. This is a tricky stock to analyze because the volume is so sporadic. Technical analysts works very good when there is a consistent volume. Currently it is in a downtrend and unless it breaks the top trend line it will be a Sell. He thinks the sentiment is turning on this. Wouldn't be surprised to see a drop down to $2.80.
Likes this stock. Agriculture is the right industry group as everything is doing well. Very close to record highs, which scares people so wait for the $13.50 level before buying.
Has a nice, well-defined support level. It is currently at the low end of that, which is the buying time. You have to be careful, because if it drops below the support, you've changed phases and the 2 peaks in the chart will be the high for a while. You can buy now, but put a stop at about $53.
This is in a very brutal industry group. The stock is heading down. Could see it below $10 by the summer. If you do Buy, put a stop in at around the $10.50 level.
Chart shows a very definite reversal signal. (A break out of a long-term down trend.) Will run into resistance, but not until it gets to about $27. Use a stop around $22.
Chart shows that it became very active around October. Had a big breakout. Starting to consolidate in a triangle formation. Thinks it will trade between $2.20 and $2.80 for the next little while. If you are going to buy, wait for it to break out to $2.90 along with good volume, which will give you more certainty.
Had some big movement starting in November. There is good volume, which is a very positive sign. Breaking into new territory. Hit a high back in January 8. Also had good volume. Put a Stop at $2.40.
In technical analysis, one of the greatest observations is “selling climax”. This is where you have panic selling and then someone creating a Stop level where they feel value is.
Have a really good story. Diversified. The drop on March 17 was about 9% but at its base, there was a lot of buying. There are value players waiting for the stock to drop and then they pile in. If you own, start selling at $13 and completely out at $12.
Top Short It is trading down and has been trading down for a long time. Looks like it is forming a bottom, but the trend is still down. There is not a lot of volume with this. You want to be out at $22.50.