Some info on this ETF:
The Market Vectors Agribusiness ETF (ticker: MOO) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the DAXglobal® Agribusiness Index. The Index provides exposure to publicly traded companies worldwide that derive at least 50% of their revenues from the business of agriculture. Main companies represented in this ETF include: Syngenta, Potash Corp. of Saskatchewan, Monsanto, Archer Daniels Midland, Mosaic, Deere, Komatsu, Bunge, Yara International, Agrium, Terra Industries, Kubota Corp., ...
Let's look at the chart: the resistance was crossed last Friday (May 1) and the volume of transactions surged at the same time: a breakout which provides a first buy signal.
I buy MOO at 32.21$ (stop loss: 28.5$)
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