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Orange Price Forecast Remains Bullish
The #C-ORANGE price forecast in our November 25, 2020 technical analysis was bullish.
- Estimates for Florida’s citrus harvest dropped 15 percent in the US monthly crop report for November.
- #C-ORANGE,Daily gained 0.9% last week.
Here is what indicators show as of November 30, 2020:
- The Parabolic Indicator gives a bullish signal.
- The Donchian channel indicates uptrend: it is tilted up.
- The MACD indicator gives a bullish signal: it is above the signal line and the gap is widening.
- The RSI oscillator gives a neutral signal.
- The Fractals give a bullish signal.
- The MA(200) indicator gives a bullish signal.
So the bullish forecast still stands for the #C-ORANGE,Daily .
Order | BUY |
Buy stop | Above 128.52 |
Stop loss | Below 119.00 |
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