Recommendation for Oats:Sell
Sell Stop : Below 358Stop Loss : Above 398
RSI : Sell
MACD : Sell
MA(200) : Neutral
Fractals : Neutral
Parabolic SAR : Sell
Bollinger Bands : Neutral
Chart Analysis

On the daily timeframe, OATS: D1 broke down the uptrend support line. A number of technical analysis indicators formed signals for further decline. We do not exclude a bearish move if OATS falls below the last lower fractal: 358. This level can be used as an entry point. We can place a stop loss above the maximum since March 2014, the upper Bollinger line and the Parabolic signal: 398. After opening the pending order, we can move the stop loss following the Bollinger and Parabolic signals to the next fractal maximum. Thus, we change the potential profit/loss ratio in our favor. After the transaction, the most risk-averse traders can switch to the four-hour chart and place a stop loss, moving it in the direction of the trend. If the price meets the stop loss (398) without activating the order (358), it is recommended to delete the order: the market sustains internal changes that have not been taken into account.