DBA rises, ANFI drops

The agriculture ETF continues to defy gravity and it is fast approaching my initial target of $28. The last down day was back in Feb. 6th. In the mean time, Amira Nature Foods (ANFI) fell hard the last couple of days on an earnings report that disappointed the street.
It appears to have found support around $18 and I am preparing to dip my toes in for a trade back up to $21.

ANFI Daily Chart

ANFI Daily Chart

About Stock Trade Journal

The information in this blog is not investment advice. Please consult a financial advisor before investing. I have been trading stock since the 1990's and survived the .com crash. I am developing software applications to help me trade better and now I am making them available to help other traders. This blog is also a way to share my experiences and observations in the market.
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