Fomenka

Coffee (KC1!, JO) looks extremely bullish

Long
ICEUSA:KC1!   None
I have lost quite a bit of money already on options trying to time the lift of. But now it is getting to the point where the price should do something.

WHY
- I think it is bullish because the price over last 6-7 years formed somewhat what looks as geometrically perfect triangle;
- movements up were always in wild thrust and then price retraced slowly each time;
- last wave down breaks down in 3 waves each having 5 subwaves and appear complete demonstrating divergences with indicators
- most of coffee producing countries end harvesting in March hence some negative news may trigger price surge
AMEX:JO

HOW
- loaded JO stock already
- thinking of making another bet with options, though recent experience still burns ..

DURATION
- for several months at least may be years if shortage of cofee persists

🚪 t.me/EnergeiaCharta

🌏 energeiacharta.com

⏱️ Timely updates of WTI, Gasoil, NatGas charts explaining every twist

🗃️ Extensive analysis archives

📏 Chartopedia, with examples of applying ElliottWave to real world charts
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.