BIOX
📈 Despite initial reservations, Bioceres (BIOX) is showing strong upward movement, described as a significant trade opportunity (‘alto trade’).
📊 Analysis suggests monitoring the weekly chart; the price is approaching resistance around $18, with a minimum target near $16 based on the current structure.
⏳ A potential strategy involves waiting for a pullback after a likely divergence forms upon reaching resistance, offering a more confident entry point for long-term potential.
@marcosemmimfp:
“How is Bioceres doing? Look, Bioceres is rising. Bioceres, a big trade cone there. This, I look at it on a weekly chart because… there it goes. Zones around $18, because you have a rising minimum here, and if this continues to rise, you have to let it. Why? Because if you let it rise, you will surely have a divergence, and in that pullback, you will be able to enter and be more confident. It’s quite good.”
Watch the exact part of the video where @marcosemmimfp talks about Bioceres Crop Solutions here:
Watch the video on YouTube
Read more articles by the world’s top 100 analysts on Bioceres Crop Solutions (BIOX) at the following link. BIOX stock.
