AGRI and all food related. Theme will be back and hard- 2021:
Russia - 13.1% total wheat exports
- 1.4% total corn export
- 20.2% sunflower seed/safflower oil
Ukraine - 11.9% total wheat exports
- 11.4% total corn exports
- 52.2% sunflower seed/safflower oil
Ukraine struggling to export due to ports being no longer in their control and internally with workers joining the fight against Russia and there being a major shortage of labor.
Geopolitical relations breakdown and deglobalisation through Russia relations with western powers (US/EU) constricting supply.
Countries restricting exports due to lower yield and wanting to ensure they have enough for their own people.
- Nothing is changing for the better from 1-3 months ago
- Crazy weather and heat waves throughout the EU and the world during this summer is only going to compound this into the Winter.
- I don't see one positive on the horizon that will ease the huge bid on all things food. Nothing. IF anything, its getting worse. Commodities like oil and wheat went though a huge push but I think its just the first leg.
- At the end of the day I see nothing easing this whatsoever, therefore, UP ONLY TV. And its only a matter of time before this theme/sector gets gas and around here might be the time to start building positions
- Outlined is a possible move out but at the same time it could swing below $2 again and them move.
- Proper structure above red would be nice but I'm in this one waiting for the theme to hit. And when it does it will hit HARD. Low vol, curling bottom. Nice RR and you can try it a few times because I see no reason or way the upwards momentum on food doesn't get hit soon
- Over 2.90 forget about it. It's going para
- One risk is the huge reserves China has. They will definitely use that to build stronger relations in many emerging economies that will be at risk of famine and starvation. But that inflow will only slow down not nearly stop what is coming.
YTEN
YTEN - LONG PLAYHello there,
As you can see YTEN is reaching a very strong support area and I expect it to start raising from this range.
Try to add in every dip in this area and take the profit all the way up.
Cheers.
YTEN price moved above its 50-day MA on September 10, 2020This price move could indicate a change in the trend, and may be a buy signal for investors. Tickeron A.I.dvisor found 49 similar cases, and 44 were successful. Based on this data, the odds of success are 90%.
Current price $6.96 crossed the support line at $6.95 and is trading between $7.06 resistance and $6.95 support lines. Throughout the month of 08/10/20 - 09/10/20, the price experienced a +6% Uptrend. During the week of 09/02/20 - 09/10/20, the stock enjoyed a +49% Uptrend growth.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 10, 2020. You may want to consider a long position or call options on YTEN as a result. Tickeron AI shows that in 93 of 104 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 89%.
The Moving Average Convergence Divergence (MACD) for YTEN just turned positive on September 10, 2020. Looking at past instances where YTEN's MACD turned positive, the stock continued to rise in 43 of 45 cases over the following month. The odds of a continued upward trend are 90%.
YTEN moved above its 50-day Moving Average on September 10, 2020 date and that indicates a change from a downward trend to an upward trend.
Following a +60.00% 3-day Advance, the price is estimated to grow further. Considering data from situations where YTEN advanced for three days, Tickeron AI shows that in 167 of 193 cases, the price rose further within the following month. The odds of a continued upward trend are 87%.
YTEN - Bullish Moment, MA Retest PossibleYield10 Bioscience, Inc. is an agricultural bioscience company, which focuses on the development of technologies to produce step-change improvements in crop yield for food and feed crops to enhance global food security. The company was founded by Anthony J. Sinskey, Simon F. Williams and Oliver P. Peoples in June 1992 and is headquartered in Woburn, MA.
SHORT INTEREST
466.16K 09/13/19
P/E Current
-0.64
P/E Ratio (with extraordinary items)
-0.86
Average Recommendation: BUY
Average Target Price: 4.25