Arabica Coffee (KC) bounced more than 1% yesterday, closing just above the psychologically key 1.5 whole figure level and August and September lows. KC is trying to halt its slide from the September high, but remains moderately vulnerable to a retest by month end of the weekly chart downtrend support (connecting the March and August lows)…
Arabica Coffee (KC) slid more than 1.5% yesterday in its 4th straight red daily candle. KC is suddenly back to near its August and September lows. With yesterday’s break below the psychologically key 1.5 whole figure level, KC is now suddenly once again vulnerable to a retest by month end of the weekly chart downtrend support (connecting the March and August lows)…
Arabica Coffee (KC) slid more than 2% Friday, with last week’s rejection near the July and August highs sending it back to near the psychologically key 1.5 whole figure level. KC is now suddenly once again appearing vulnerable to an extension of the downtrend since the April high…
Arabica Coffee (KC) slid more than 2% yesterday, with the weekly Gravestone having been rejected near the July and August highs. KC has now given up half of the bounce that began last week off just above the September low…
Arabica Coffee (KC) slid more than 1.5% yesterday, with the weekly Gravestone having been rejected near the July and August highs. Further healthy consolidation is likely for the balance of the week after the strong bounce off just above the September low…
Arabica Coffee (KC) formed a daily Gravestone yesterday, suggesting elevated odds for healthy consolidation for the balance of the week after the strong bounce off just above the September low. KC is now likely to form a higher September high versus the August high, and to test descending resistance (connecting the April and June highs on the weekly chart) by April…
Arabica Coffee (KC) edged higher yesterday, adding to the bounce off just above the September low. Last week’s decisive break above descending wedge resistance (on the weekly chart) ended the slide since April…
Arabica Coffee (KC) surged more than 3% Friday, gaining momentum on the bounce off just above the September low. KC closed last week decisively above descending wedge resistance (on the weekly chart), and has ended the slide since April…
Arabica Coffee (KC) gained nearly 1.5% yesterday, bouncing off just above the September low. KC is arguably breaking above descending wedge resistance (on the weekly chart), and has all but ended the slide since April…
Arabica Coffee (KC) formed a daily Doji yesterday, but remains poised to continue a bounce off the September low of Monday. Odds are elevated for a weekly close above descending wedge resistance (on the weekly chart)…
