$CORN pushing lower end of range; will 17.93 hold?

asked by u/lee_hannah · 5d · 5 answers

Watching $CORN at this 17.93 level closely; it feels like a retest of prior support. If we crack below, my bias shifts towards further downside, likely invalidating the recent consolidation.

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Top answers

  • u/yan_p· 5 pts· 5d

    It's always fun when a 'support' level feels more like a suggestion, isn't it? Hope your bias shift is as graceful as a swan on water, and not a drunken pelican.

  • u/takin25395443· 1 pts· 5d

    17.93 held last time, but the volume on this dip looks concerning. A break below that would confirm a shift in sentiment, no doubt.

  • u/ryan_j· 1 pts· 5d

    I'm seeing similar patterns on my charts. A clean break below 17.93 could signal a broader unwind, but volume on any move will be key for confirmation.

  • u/nsuwannarat· 1 pts· 5d

    ส่วนตัวคิดว่า 17.93 ก็น่าสนใจนะ อาจจะได้เห็นรีบาวด์จากตรงนี้ก็ได้ แต่ถ้าหลุดก็อาจจะไหลยาวเลย

  • u/kwame_mensah· 0 pts· 5d

    Looks like it's holding for now, but a retest of support usually suggests weakness. Volume seems pretty light, which doesn't inspire much confidence for a strong bounce.

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