KC is hitting some fibs and speculators have been getting heavily long over the past 3 weeks as per COT data. PMARP showing a good sign of over exuberance. From what I can tell the consensus on it is that there's a big shortage and it cant go down, which is common across a few other commodities at the moment (CL etc). Consensus is rarely correct. Much of the...
Kingsoft Cloud Holdings Ltd (Software - Application), Bottom might be in on this stock. What are your thoughts?
●● Preferred count ● Coffee Cash (KC.C), 🕐TF: 30D Fig.1 In Fig. 1 , the wave count from 02/07/2022 . At the moment, the market is in the initial stage of the development of the primary wave ③ . The alternative scenario is the same — the continuation of the formation of the wave e of (IV) , as it is marked in black...
For my coffee drinkers - Both Arabica and Robusta had a strong start to the year. However, seasonally a bearish phase starts from 22 Feb to 31 Mar. The technical price target was also reached yesterday. In the last 17 years we can observe a negative trend between 22 Feb to 1 Mar. Only in 5 out of 17 years did the coffee price rise during this period. On average,...
according to W1 chart see some strong bullish divergence. and price also 18 weeks low if i count well. so should try this buy opportunity with responsible sl. good luck
Higher timeframe analysis: -Price inside weekly RBR demand -Price very near 200MA + above it. -Looking for longs Lower timeframe analysis: -Pirce broke downward ML (trend lines) -Price removed opposing supply pivot point areas of supply -New HH/HL demand zones being created -Looking at potential small risk with SL below the lowest level. Let me know your thoughts.
Our new super simple KC Crypto Profit Targets +/- 2 script (OK we gotta work on the title) works like a charm. The circles show almost exact hits of the price at the 2 ATR (All Time Range) multiplier levels (upper and lower blue bands). Our script discards the +/- 1 and +/- 3 ATR multipliers for simplicity and conservative profit taking sake. Note that this is...
See picture for analysis Evidence for Longs Pros: 1) bullish with inflation 2) food shortages 3) potential storms going into summer which might kill coffee beans. 4) Trend = Uptrend so any longs will be trending. Cons: 1) Price below + reacting off of the 200MA 2) hard to scalp on lower timeframes + commissions/ swaps can be high.
See the picture for analysis. -bullish commodities. -4hr uptrend -Price inside 4hr demand -Looking for lower timeframe confirmation setups.
coffee futures, as I see in my graphic as a professional analyst the coffee market is trying to go up at this moment
Cont KC Wheat - Weekly: Retracements on the Left are from the 08’ High and the 19’ Low. Keep an eye on them on this trend up. The current leg has us between the 8.92 pivot and the 7.81 pivot. A move lower will look for support at the red Kijun line around 7.35. A move above the 8.92 high would next target a leg higher to 9.61…
Resistance: 146.80 Support: 140 Some Ideal: Short: 146.80 Stoploss: 148.80 Target 1: 144.50 Target 2: 142 Target 3: 140
this arrow is not a price estimate, but I put a circle around the TTM happening with bond right now!
Could Coffee drop to $0 (or even go negative), much like crude oil did not too long ago??... You be the judge. While currently long (a generational speculative bubble and all), this is likely the one to watch for one of the greatest Short Setups in ages! Here is the Monthly. See it, yet?... No?! The Quarterly; How about now? Still no?! Let me zoom in for you.
This is good for 20.00, strait to 110.00! The Real has stayed suppressed, at least until now, nevertheless, this is a major short here. Here is the Weekly; Chances are that this is headed much much lower from here.
Entry @19.32 for the MSR @ 1000 on the hourly feb 4th, I will hold for $21.00 based on the Resistance.