Is this a Long-term passive income-generating opportunity?
So will semiconductors... unless taper tantrum happens..
I think It will sideways for a while then go into a corrective phase. It could be ABC move or big fall, I don't know. But I won't enter long until it settles. Also Above 50 average shows double tops.
Divergence + critical level + overbought Note that this chart is "weekly" timeframe
Fundamentally , Despite the brazil "Real" currency's historic low value and Covid-19, Coffee's supply is expected to be reduced while the demand is expected to rise. Simply put, we are running short of Coffee! seekingalpha.com Technically , the Multiyear down trendline has broken, and currently, coffee price is rising with up trendline support!