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Posted On: 02/04/2019 2:31:56 PM
Post# of 125224
$RJA Triple whammy bottom. First RJA has been falling since 2014, the worst of the mid USA drought. Second, as farm prices were beginning a rally, Trump and Putin started putting tariffs on, and some food exports, especially soybeans weer hurt and framers stuck with oversupply. Third, on top of that, last years growing season had perfect weather in grain country.
Not a trade stock, but a maybe 2 year investment, almost no downside risk here, IMO. The fund is run by famous investor, Jim Rogers.
It is beginning a ladder climb and just broke through all the key moving averages.
https://stockcharts.com/h-sc/ui?s=RJA&p=D...085201741c
Not a trade stock, but a maybe 2 year investment, almost no downside risk here, IMO. The fund is run by famous investor, Jim Rogers.
It is beginning a ladder climb and just broke through all the key moving averages.
https://stockcharts.com/h-sc/ui?s=RJA&p=D...085201741c
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