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Wednesday, April 2, 2014

Coffee - 2 Apr 2014

Coffee Prices Cracked the daily pivot 174.80 and made a low of  169.83, which holds above the stop loss or reversal pivot initiated "168". Talking about Momentum Trade coffee has strong support for now @ 169.56 and like to bounce towards 172 - 175.44 for now, above 177.88 upside capped @ 183

Those Who have averaged buying position @ 170 can place limit @ 175.44, Those bought @ 175.5 Hold you position for target "183"

Now @ 170.28
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