Tuesday, December 8, 2020

ZMF21 Soybean Meal January 2021

 

Looks like the Soybean Meal bull market is now over, and profits should be taken. A long position taken in late August could have gained you at least 80.00 points or $8,000 per contract. Not bad considering the margin is about $1,000.

SPCE Virgin Galactic Holdings Inc

 

SPCE moved up 17% today, it has about $8 to go before it hits it's all time high from February. Volume is much lower now, and RSI is over bought.

SOLO Electrameccanica Vehs Corp

 

SOLO bounced off of $6 support, and looks like it could be over for this pullback. Needs the sector to help it move higher.