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JO (Coffee ETF) Trade Setup

JO Coffee ETF Swing Trade Setup

JO daily May 14th

The previous trade on JO (Coffee ETF) was entered literally the day coffee bottomed on Nov 6th and closed out at the final target for a 64% gain less than 4 months later.

JO will now be added as a new Long Setup with an entry to be triggered on a break above this bullish falling wedge pattern. Additional price targets may be extended with the suggested stop(s) TBD based upon entry price.

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May 14, 2015 9:28am|Categories: Completed Trades - Long, Gold & Commodities, Long-Term Trades- Completed|Tags: , |Comments Off on JO (Coffee ETF) Trade Setup