CANE breakout, retest, continiuationI was asleep and missed the breakout and retest. Look at that volume. It's running into some resistance here at $8.00. Feels like a buy, just waiting to see if it drops back down for another retest. Breakout over $8.00 seems like a clear buy. by micahhillis1
Sugar Beaten Down Commodity Ready for Turn (CANE)Sugar , the commodity has been in a prolonged downtrend for some time now. The Sugar ETN CANE offers one the opportunity to go LONG Sugar, at extremely discounted and washed out price. As a completely contrarian play..... CANE LOW on 8/2/18 at 6.75, looks to me to be a WASHOUT LOW. USE that as a STOP, Begin to accumulate. Long Trade. Upside Target; To Be Determined. THE_UNWIND Longby The_Unwind1