Home > Chart Talk > MON: Monsanto showing healthy price action

MON: Monsanto showing healthy price action

MON: Monsanto demonstrated some terrific buying order flow for a few weeks and has had some time to consolidate the explosion. This pattern of “catching up” is one of our favorite price action scenarios to take advantage of.

I am looking for the stock to approach the $62 level again with the ultimate profit target of $65,  risking a close on the daily below $56.

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