financetom
Technology
financetom
/
Technology
/
Corn price tests the key support – Forecast today - 19-04-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Corn price tests the key support – Forecast today - 19-04-2024
Apr 18, 2024 10:09 PM

Corn Price Analysis Expected Scenario Corn price tested the key support 433.50$ and bounced bullishly from there, to keep the bullish trend scenario valid for the upcoming period, waiting to breach the neckline of the inverted head and shoulders pattern at 443.70$ to get positive motive that push the price to achieve our positive targets that start at 461.90$ and extend to 474.70$. Stochastic provides positive signals that support the continuation of the expected bullish wave, which will remain valid conditioned by the price stability above 433.50$. Expected Outcome The expected trading range for today is between 432.00$ support and 450.00$ resistance.

Trend Forecast: Bullish

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved