I had a position in RJA last week, and it did not move as soon as expected so I exited the position (very small profit) just as it was ready to make its move. Another bus missed. So RJA has had a nice move up and may have a bit more upside left, before a pullback (possibly starting next week).
Here is the current situation:
GL traders. Do your own analysis. You will notice I miss a lot of buses - the good thing about buses - there will be another along shortly. lol
UPDATE - 03-09 RJA has been steadily falling all week. By end of the week (if it continues) it will be in an area of interest (around $11). This one is worth watching IMO.
Update 03-11 Took a closer look at RJA. See some worrisome things (looks like a major top - double tops). Next bottom projection is in early April. So I would say AVOID being long for the next 3 weeks or so. Here is the chart:
GL traders, do your own analysis
02-16 some infor for your consideration:
http://www.safehaven.com/article/20303/agri-food-thoughts
3-4 RJA looking toppy today, closed the opening gap up.
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