TradersAmbition
Long

COFFEE BREAK OUT

ICEUSA:KCZ2012   None
384 10 2
Coffee             makes new 20 day high on good volume
Coffee looks great right here after this last pullback. 173.65 last
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Looks even better and the risk is dropping due to the tight 6-day trading range.
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It is an interesting break, but be careful, coffee has a good correlatation with sugar (0.75), but no signs of rising prices there :)
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Followed.
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Agreed.
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Agreed.
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Thanks for pointing it out. Thanks Algo kid also.
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Agreed.
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Followed.
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hmmm, Thanks for sharing that . I will see if there some kind of correlation between coffee price and coffee shop stocks price such as Starbucks, Tim Horton and others ...
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