April lean hog futures a buying opportunity on more price strength.
See on the daily bar chart for April lean hog futures that prices are in an uptrend and on Friday closed at a bullish weekly and monthly high close. Bulls have momentum. A move above chart resistance at $95.00 would become a buying opportunity. The upside price objective would be $98.00, or above. Technical support, for which to place a protective sell stop just below is located at $93.50.
