DBA Agriculture fund looks bullish on weekly (macd cross) and monthly time frame.
Looking at the monthly chart we can see a break above $20.75 zone implies a move through the VP gap to $23.8 zone resistance.
MACD showing good momo and EMA's bullish cross implies continuation to the upside.
Open Interest is very heavy on the call side, and on 11/17 a whale bought 10,300 contacts of the 1/21 19c ... Given the technicals and chart I followed this trade idea.
Trade is working +14% so far and I think there's more room . Whale is still in the trade as well.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.