Coffee (KC1!, JO) looks extremely bullish

ICEUSA:KC1!   Coffee
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.

- 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

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

- for several months at least may be years if shortage of cofee persists
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out