Home Sectors Materials Chart of the Day: Is This Forgotten Agricultural Stock Quietly Breaking Out?

Chart of the Day: Is This Forgotten Agricultural Stock Quietly Breaking Out?

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January 24, 2022

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The rise of inflation has investors quietly returning to many commodity-related stocks that were popular 2003-2007. One of them is Bunge.

Earlier this month, the soybean processor touched its highest level in over 13 years. It pulled back but is trying to stabilize around the same $92 area …

For more, please click here to view the related idea and chart analysis on TradingView.

Bunge (BG), daily chart *with selected patterns and indicators, courtesy of TradingView.*

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Chart of the Day: Is This Forgotten Agricultural Stock Quietly Breaking Out?

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