1. in early Feb it did not go down when everyone else did. Strong. 2. Look at that huge volume from Jan to today. someone is up to something 3. recent price movements is limited to 130-140$, suggest successful breakout. 4. fundamental-wise speaking, with so much dollars floating around, price of spices will go up, just like other raw materials.
I have no good opinion on how will this life off though - if u want to buy calls, make sure its a leap. u can add call with shorter expiration time when it actually lifts off.
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today the IFF price breaking prior high at $140. Adding my position
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I am fully loaded so I am not adding, but if u guys got some cash, maybe have a look at IFF. quite promising with recent price actions.