We use cookies to improve site performance and enhance your user experience. If you'd like to disable cookies on this device, please see our cookie management page.
If you close this message or continue to use this site, you consent to our use of cookies on this devise in accordance with our cookie policy, unless you disable them.

Close

Cotton looks a top pick

After its dramatic boom and then bust in 2010 and 2011, cotton's recovery efforts have so far proved muted, says Mark Sturdy at www.sevendaysahead.com.

However, it has not dropped through a key floor at 81.6 and could now return to as high as 118. The outlook will improve further if the price of the May futures contract can get above 99.95.

City Trades are written by selected external contributors and are based on the interpretation of patterns on a share price chart, rather than on fundamental analysis of the company's business or prospects.

visible-status-Public story-url-Cotton_CITY_030412.xml

By Mark Sturdy,
03 April 2012

Print this article

Register today and get...

Register today and get...
Please note terms & conditions apply