xsubtownerx

Coffee Long Play - 2 Possibilities

Long
AMEX:JO   None
5
I've laid out two possibilities here for JO (Coffee). We have a double TAG 618 retracement, RSI divergence and MACD curl. so a short term up movement is likely. However we still might be in an ABC correction. So a retest of the lower trend line is quite possible.

If we break out of the top trendline, look for a flag before going long. GL
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