Sugar (ETF "CANE") has 18 months sideways, also bidding for higher

Discussion in 'Technical Analysis' started by countryBoy641, Jan 18, 2023.

  1. Updated chart, 11 weeks have passed.
    CANE up 31%, less than 3 months


    cane.jpg
     
    Sekiyo likes this.
  2. %%
    I like to glance @ fundamentals+ then study all the technicals.
    FOX news reported a ranging bear broke in the CO storage area with brown sugar in it.
    5 years of data, but that's a CO state pattern.:D:D
     
  3. Sekiyo

    Sekiyo

    This kind of parabolic move isn't sustainable
    But it's still going up. Nice :cool:
    Let's see if 12.60 holds
    + Overtake 13.07$
     
  4. easymon1

    easymon1

    Jan 18 call, not too shabby. That trade is YOU, man!