August 22, 2106
The price of cotton rose to all-time highs of $2.27 per pound in 2011 and had dropped down to below 60 cents until recently. In my latest article for Seeking Alpha, I look at the recent rally that took the fiber to almost 78 cents and how the price is now approaching a critical area of support setting up a low-risk and high-reward trading opportunity.
Article: Cotton Drops To Critical Support
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