Short trend CL is up, however long trend is down
Continued down slide is expected, which then lead to slow upward movement to $12.50 area
JJOFF - falling wedge on daily chart. Watch for reverse in trend.
JJOFF Bloomberg Coffee Subindex Total Return ETN ready a bounce. 2 previous times when PPS reached the bottom of the downtrend, it renounced.
Company currently in the process of development of levosimendan for Pulmonary Hypertension associated with Heart Failure and preserved Ejection Fraction (PH-HFpEF). Efforts included a successful pre-IND meeting with the FDA in April 2018, which allowed the existing Phase II clinical protocol to be used for PH-HFpEF. During the summer and fall, the company...
Coffee futures at the major support level and considering the start of the harvesting season is destined for a re-bound.