Don’t Just Eat Corn, Trade It $CORN (Upside Alert)

Teucrium Corn Fund (NYSEARCA:CORN) is the ETF that tracks the commodity CORN. This jumped on my radar on Friday because of the oversold chart put in a reversal signal known as a bottoming tail. Bottoming tails are candles on the chart that are important when they occur at multi month lows. This is the case on CORN. When this occurs, the odds heavily favor a move to the upside.

Note the chart below. Upside is likely to $21.50 in the next month or two.

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The ETF for the commodity CORN put in a bottoming tail, which signals price reversal

Gareth Soloway
http://www.InTheMoneyStocks.com

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