Thursday, November 16, 2017
Plantations touched the 1st resistance....but did not close above
In my Plantations chart yesterday I showed the 1st resistance around 990-1000 points. Price line did touch the area but did not close above that. Tomorrow's performance will be important. Whilst respecting the uptrend that the sector is enjoying since March '17, I do not think that the trend continuation will happen just yet. Therefore need to see the behavior with caution. Trade with Strict Stop Losses.
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