Arabica Coffee (KC) formed a red daily Doji yesterday near a fresh March low, just below the February low and the daily chart triangle support. With the current red weekly candle body a fair length, odds are elevated for an extension (going into April) of the downchannel (on the weekly chart) to a lower April low versus the March low…
Arabica Coffee (KC) slid more than 2% yesterday, closing at the daily chart triangle support at a fresh March low. With the current red weekly candle body lengthening, odds are elevated for an extension (going into April) of the downchannel (on the weekly chart) below the February low…
Arabica Coffee (KC) slid more than 1.5% yesterday, closing near the daily chart triangle support just shy of the March low. With the current red weekly candle body lengthening, odds are elevated for an extension (going into April) of the downchannel (on the weekly chart)…
Arabica Coffee (KC) slid more than 1% yesterday, closing back near the prior 4hr chart downchannel resistance and once again gravitating towards the March low. Although the 4th straight weekly Hammer, Doji or Gravestone trying to form suggests a reluctance for KC to extend its downchannel (on the weekly chart), KC will need a daily close above the daily chart triangle resistance this week to avoid a break below the February low in April…
Arabica Coffee (KC) rebounded more than 2.5% Friday, closing back above the prior 4hr chart downchannel resistance after nearing the March low. With last week’s weekly candle having closed green just below downchannel resistance (on the weekly chart), KC suddenly appears poised for a daily close above the daily chart triangle resistance early week…
Arabica Coffee (KC) slid more than 2% yesterday, closing near the March low under the prior 4hr chart downchannel resistance. With the current weekly candle turning into a red weekly Gravestone after getting rejected at downchannel resistance (on the weekly chart), KC suddenly appears at vulnerable to breaking below the daily chart triangle support ahead of the weekend…
Arabica Coffee (KC) edged more than 1% lower yesterday, continuing a consolidation near the 4hr chart downchannel resistance. With the current weekly candle remaining green for now and having on Tuesday tested last week’s high, odds remain decent for a retest of downchannel resistance (on the weekly chart) ahead of the weekend…
Arabica Coffee (KC) rebounded more than 1% yesterday off triangle support (on the daily chart), closing back above the 4hr chart downchannel resistance. With the growing body of the current green weekly candle having reclaimed the psychologically key 175 whole figure level and edging above last week’s weekly candle body range, KC appears to have halted the downside in the consolidation since the February high…
Arabica Coffee (KC) rebounded more than 1% yesterday off triangle support (on the daily chart), closing back above the 4hr chart downchannel resistance. With the growing body of the current green weekly candle having reclaimed the psychologically key 175 whole figure level and edging above last week’s weekly candle body range, KC appears to have halted the downside in the consolidation since the February high…
Arabica Coffee (KC) slid almost 2% Friday, getting rejected at triangle resistance (on the daily chart). Nevertheless, the weekly Doji close last week just above the psychologically key 175 whole figure level suggests KC has largely halted the downside in the consolidation since the February high…
