2021-2022 CME:GF Feeder Cattle Futures prices forecast, Buy, Target 175 (+27.74%)

Feeder Cattle Futures (CME: GF)
Trade : Buy
Entry : 137
Traget : 175 (38, +27.74%)
Stop : 132 (-5, -3.65%)
Posted on Sunday, December 6, 2020

Note : Feeder cattle futures prices seem to be out of the bottom. At this point in time, target price could be 175 and support could be 132. Before the target price, 156 would be a resistance. When the prices drop, it would be better to find opportunities to buy at around 137. It is necessary to consider that Live cattle prices are still weak. It's still hard to say whether they'll go over 200.