Headlines


Wheat (ZWH22) is gapping up to start the week, and is in the advanced stages of completing a consolidation just shy of the psychologically key 800 whole figure level.  Significantly, ZW appears to be gearing up to spring off descending wedge resistance (on the daily and weekly chart), and trying to extend the upchannel (on the weekly chart).  (full story)


After closing below the long term swing point of 43,700 on 1/6/22 it never got back above it. Being that the long term swing point is 38.2% of the ATH and the 2018 low, the target based on the ONE44 Fibonacci rules is to look for 61.8% of the same range and this is 28,000. (full story)


While the business is solid, the lack of forecasted growth coupled with high inflation expectations make the company a risky investment right now. (full story)


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