Coffee JO nice VCP Triangle breakouts
Some nice VCP / Saucer Handle patterns on JO as it continues to climb higher.
Watch for a break higher if it can chew through 67 zone resistance
Break lower out of triangle / trendline support invalidates long idea.
On a macro level we're seeing bullish setups in AG complex (coffee , rice, wheat, corn, soybeans, etc.) , coupled with inflation coffee should run.
Personally I've noticed my local coffee shops also charging $1 per cold brew which supports the bull case.
Watch for a break higher if it can chew through 67 zone resistance
Break lower out of triangle / trendline support invalidates long idea.
On a macro level we're seeing bullish setups in AG complex (coffee , rice, wheat, corn, soybeans, etc.) , coupled with inflation coffee should run.
Personally I've noticed my local coffee shops also charging $1 per cold brew which supports the bull case.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.