Following the recent bullish falling wedge breakout, JO offers an objective long entry here on this pullback to gap support. The current price targets (T1–T3) shown on this daily chart may be revised based on the charts of spot coffee prices & coffee futures. Suggest stop for those only targeting T1 on a move below 21.10 while those targeting T2 or T3 might consider stops below 20.53 & 20.00, respectively.
JO daily Aug 20th