My last Kabuli Chickpea report was published on June 21 with the following analysis:
I am raising my Sell Signal to $49 or 49 cents per pound.
This Sell Signal applies to both old and new crop contracts.
The price will then be below the 10- Week Moving Average with speculation that Kabulis will follow the other crops lower.
Buyers stepped in at 44 cents, and the price has recovered to the June Sell Signal.
The reader can find past Kabuli chickpeas analysis archives here.
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