Starbucks might see a pick up right here
We hit the long term trend line right at the 50$ so for me it is in a support spot.
Lets see what happens and
May the markets be with us
Coffee
Starbucks: Multi-Layer Elliott Impulse Wave ExtensionsSimple Elliott Wave demonstration of multiple extensions within Starbucks price rise over the last Quarter-century. Expecting a possible correction of 35-50%, but anything can happen. Know your Elliott Wave rules and apply them!
symc bounce baby bouncePut this thing on your watch list, it wants to go up and it will take some time. If you believe you can achieve! 25 would be a great goal for this stock! again I repeat just put it on your watch list and grab some coffee, this can take a while.
Short opportunity to 112.60Clear Channel Down on 1D within a greater bearish channel on the Monthly chart (RSI = 42.309, MACD = -6.170, B/BP = -9.6160). Having made a Lower High at 121.40, it is currently on the best spot for a medium term short to at least the previous Lower Low at 112.60.
coffee bullish afyou can wait fora breakout of this but could be faked out
there's solid accumulation in the bottom of this range specifically.
this might not start a bull run (but its looking good tho), at least looking good af for those targets
Long Coffee area 100.00-120.00 with target 145.00 - 170.00 - 200Long Coffee area 100.00-120.00 with target 145.00 - 170.00 - 200.00
Coffee Sell IdeaCoffee Sell Idea @Daily Supply Zone (117.90 - 118.95)
Sell Limit: 117.90
Stop Loss: 119.50
Take Profit: 115.00
ICEUS JULY COFFEE : THE MARKET IS PREPARING FOR A MAJOR RALLYBullish diagonal triangle formation + P/O divergence
Be prepared for a significant rally.
Clear close above the upper bound
will confirm it.
Coffee Buy IdeaCoffee Buy Idea @ Weekly Demand Zone (116.35 - 111.85)
Buy Limit: 116.40
Stop Loss: 111.75
Take Profit: 127.50
COFFEE- Decade triangleDecade long triangle forming in coffee. Looking like a potential big trend on a break. Would need a roughly 10%+ rise from here to break it.
COFFEE Long Opportunity and Analysis + DCOFFEE
Long Opportunity and Analysis
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Elektro Analysis
Interesting Price Action at Important AreaCoffee has reached the top of the range and painted and nice piece of consolidation with two inside bars. A break to the upside could see price test the old high at the 144 area or a break on the low of the hammer could see price come back down to the 118 area.
Drinking #coffee will be costly :) Negative divergence is quite obvious, 5 Wave Elliott (Correction) Formation looks completed. The price recently hit its long run support line. I am bullish on coffee and going to Starbucks :)
COFFEE - bullish opportunityThere's a very interesting bullish movement, cause there's a huge triangle, which might have been finally formed.
JO Analysis (Pennant Forming)Some chart analysis of JO... Short term supports and resistances as well as long term trend shown.
i'm getting midterm bullish on arabica coffeesee the description within the chart ;-)
it reflexes my personal opinion and is nothing else. whatever you read out of my opinion is on your own risk.
kind regards and happy trading
