WEAT

WEAT is in a Stage 2 advance with a medium-term bullish bias reinforced by Momentum Breakout and Parabola patterns, but price is extended above rising EMAs and RSI is overbought; under the Stable strategy, patient entries on pullbacks into the rising EMA zone or prior breakout support are recommended, while the longer-term downtrend remains a structural caution.

• ↑Ukraine cuts export forecasts to 8.3 M tons; France winter wheat down 4% YoY
• ↑U.S. wheat shipments rose 24.36% week-over-week despite YTD volumes down 24.56%
• ↓Average analyst price target $7.63 implies >68% drop