JO--The Moment Of Truth For Coffee Is Coming ht
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Posted On: 10/30/2017 11:36:27 PM
JO--The Moment Of Truth For Coffee Is Coming
https://seekingalpha.com/article/4117973-mome...fee-coming
I do not own, but nice late year rallies 2 of the last 4 years
Summary
Lower highs since November 2016, but higher lows since 2008.
Price failure has become expected.
The potential for a La Nina in Brazil could change the pattern of trading.
Critical resistance continues to drop.
The potential for a sharp upside correction is rising.
Long term chart hart in link and 5 year chart below
http://stockcharts.com/h-sc/ui?s=JO&p=D&a...2804341887
https://seekingalpha.com/article/4117973-mome...fee-coming
I do not own, but nice late year rallies 2 of the last 4 years
Summary
Lower highs since November 2016, but higher lows since 2008.
Price failure has become expected.
The potential for a La Nina in Brazil could change the pattern of trading.
Critical resistance continues to drop.
The potential for a sharp upside correction is rising.
Long term chart hart in link and 5 year chart below
http://stockcharts.com/h-sc/ui?s=JO&p=D&a...2804341887
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