Sugar may target 22.7

Aktualisiert
Daily chart, Sugar SUGAR can be seen as forming a diamond chart pattern.
Since there is a price gap, as shown in the circle, it may go to close this gap before a rebound to the resistance line R.

Above R, the target will be 22.7 passing through a resistance level at 20.9

Stop loss below 18.4 should be considered.


Trade geschlossen: Ziel wurde erreicht
It happened quickly.. So, some correction is expected before more climbing up.
Trade ist aktiv
A new bullish movement is expected towards 25 - 26
Chart PatternsSugarTrend Analysis

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