COFFEE- BUY strategy
We have clearly violated previous DC high $ 235 and COFFEE will attempt to test $ 252 again, and I think we may see $ 265-270 area in the near term.
BUYING into weakness is preferred, and I suggest we BUY $ 238-241 area preferred for a move to $ 270 profit target initially. Stop-loss should be placed $ 230 below for now.
BUYING into weakness is preferred, and I suggest we BUY $ 238-241 area preferred for a move to $ 270 profit target initially. Stop-loss should be placed $ 230 below for now.
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