Arabica Coffee (KC) rebounded more than 2% yesterday (after reopening from the US Martin Luther King Jr holiday), and appears to want to halt the consolidation from the 2023 high in December. The healthy profittaking from near the psychologically key 2 whole figure level should find strong support on any further pullback to the December low…
Tag: RC_F
Coffee Daily Jan 16, 2024
Arabica Coffee (KC) slid more than 2% Friday (ahead of the US Martin Luther King Jr holiday), vulnerable this week to deeper consolidation from the 2023 high in December. The healthy profittaking from near the psychologically key 2 whole figure level should find strong support on any further pullback to the December low…
Coffee Daily Jan 15, 2024
Arabica Coffee (KC) slid more than 2% Friday, vulnerable this week to deeper consolidation from the 2023 high in December. The healthy profittaking from near the psychologically key 2 whole figure level should find strong support on any further pullback to the December low…
Coffee Daily Jan 12, 2024
Arabica Coffee (KC) rebounded more than 1.5% yesterday, remaining vulnerable going into next week to deeper consolidation from the 2023 high in December. The healthy profittaking from near the psychologically key 2 whole figure level should find strong support on any further pullback to the December low…
Coffee Daily Jan 11, 2024
Arabica Coffee (KC) slid more than 1.5% yesterday, remaining vulnerable going into next week to deeper consolidation from the 2023 high in December. The healthy profittaking from near the psychologically key 2 whole figure level should find strong support on any further pullback to the December low…
Coffee Daily Jan 10, 2024
Arabica Coffee (KC) bounced nearly 1.5% yesterday, trying to halt the consolidation from the 2023 high in December. The healthy profittaking from near the psychologically key 2 whole figure level is only slightly vulnerable to materially extending this week, but should find strong support on any further pullback to the December low…
Coffee Daily Jan 9, 2024
Arabica Coffee (KC) slid more than 0.5% yesterday, closing at upchannel support (on the daily chart) after briefly breaking below it intraday. The healthy profittaking from near the psychologically key 2 whole figure level is only slightly vulnerable to materially extending this week, but should find strong support on any further pullback to the December low…
Coffee Daily Jan 8, 2024
Arabica Coffee (KC) slid nearly 1.5% Friday, testing upchannel support (on the daily chart). The healthy profittaking from near the psychologically key 2 whole figure level appears vulnerable to extending this week, but should find strong support on any further pullback to the December low…
Coffee Daily Jan 5, 2024
Arabica Coffee (KC) slid more than 2% yesterday, testing upchannel support (on the daily chart). The healthy profittaking from near the psychologically key 2 whole figure level appears vulnerable to extending going into next week, but should find strong support on any further pullback to the December low…
Coffee Daily Jan 4, 2024
Arabica Coffee (KC) slid more than 2% yesterday, testing upchannel support (on the daily chart). The healthy profittaking from near the psychologically key 2 whole figure level appears vulnerable to extending going into next week, but should find strong support on any further pullback to the December low…