Home Forums Ask Sean To former subscribers: DBA is doing something it hasn’t done in a long time!

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Viewing 14 posts - 1 through 14 (of 14 total)
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  • Sean Hyman
    Moderator
    Post count: 6624

    It’s breaking above its major moving averages AND a long, downtrend line!

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    Sean Hyman
    Moderator
    Post count: 6624

    Click on the chart to enlarge it.

    Anonymous
    Inactive
    Post count: 660

    I have a sell order for DBA at my cost. Should I be setting a higher sell target price? I will watch your video on former positions.

    Sean Hyman
    Moderator
    Post count: 6624

    Yes, check that video out…BUT I’m not sure what your cost is.

    Anonymous
    Inactive
    Post count: 660

    My cost was 22.62. May set sell for high resistance range of 28-29 as mentioned in your video. Not in need of a quick sale.

    Sean Hyman
    Moderator
    Post count: 6624

    $23’s-$25’s will be the first resistance but yes, it could head higher to that resistance mentioned.

    Anonymous
    Inactive
    Post count: 660

    I agree. Thanks for the help. Metal, energy then agriculture will rise.

    Perana73
    Participant
    Post count: 456

    That’s great news! Been holding it since 3/3/14 but averaged down twice after that, so my cost is now at 20.38. Thank you Sean, for providing updated info on our old UWR positions. I really appreciate it.

    Sean Hyman
    Moderator
    Post count: 6624

    Awesome. You’re welcome. DBA could be responding to the phase 1 deal between China/US and Trump having them buy such large amounts of agriculture from us.

    Bekka
    Participant
    Post count: 890

    That makes sense. I’ll keep an eye on mine too!

    Loveit38
    Participant
    Post count: 230

    Thank you for the update!

    Sean Hyman
    Keymaster
    Post count: 27853

    You’re welcome.

    Jeff W
    Participant
    Post count: 335

    I’ve been waiting for this death by a 1000 cut to turn around for quite a while

    Sean Hyman
    Keymaster
    Post count: 27853

    Yep, agreed. So far, of commodities: metals have led, then oil/energy is firming and agriculture is dragging up the rear. And has been a pain in the rear. ha-ha. But it too will come along. Food isn’t going to zero, especially in a world where the Fed has expressed its intention of wanting to get inflation higher and in a world where Trump is getting China to buy $50 billion of ag products from our farmers. Id did see one note where that still may be delayed a bit. But overall, it should turn upward. It’s been firming up more than usual lately. So we could be at the beginning of that. We’ll see.

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