CME CBOT: ZL Soybean Oil Futures prices forecast - BUY the Dip, Target : 41.58 (+33.27%)
Soybean Oil Futures (CME CBOT: ZL) :
Trade : BUY the Dip
Entry : 31.2
Target : 41.58 (+33.27%)
Stop : 28.53 (-8.56%)
Note : Soybean oil futures are likely to go up a little. They seem to be getting out of the bottom. The key price is 34.16. When they breakout that price line, the next target price would be 41.58 or so. If the market is very strong, they are likely to rise up to 52.8. When they drop, I guess, there will be opportunities to buy at lower prices.
Trade : BUY the Dip
Entry : 31.2
Target : 41.58 (+33.27%)
Stop : 28.53 (-8.56%)
Note : Soybean oil futures are likely to go up a little. They seem to be getting out of the bottom. The key price is 34.16. When they breakout that price line, the next target price would be 41.58 or so. If the market is very strong, they are likely to rise up to 52.8. When they drop, I guess, there will be opportunities to buy at lower prices.
