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	<title>
	Comments on: JO Coffee ETN 1st Price Target Hit for 5% Profit	</title>
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	<link>https://rightsideofthechart.com/jo-coffee-etn-1st-price-target-hit-for-5-profit/</link>
	<description>Stock Trading, Investing &#38; Market Analysis</description>
	<lastBuildDate>Thu, 30 May 2019 13:52:51 +0000</lastBuildDate>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/jo-coffee-etn-1st-price-target-hit-for-5-profit/#comment-6301</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Thu, 30 May 2019 13:52:51 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=191422#comment-6301</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/jo-coffee-etn-1st-price-target-hit-for-5-profit/#comment-6288&quot;&gt;Ian M&lt;/a&gt;.

Congrats on the quick profit &amp; best of luck on the re-entry. Just keep in mind that once the charts set up bullish after an extended &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;A downtrend occurs when a security or index is making a series of lower lows &#038; lower highs.&#039;&gt;downtrend&lt;/abbr&gt;/correction/bear market in coffee, fewer commodities can make such powerful, nearly unidirectional (i.e.- almost straight up) rallies that often measure in the high double-digits. Here&#039;s my long-term weekly chart of $COFFEE coffee futures &amp; you can see how big the rallies/bull markets were following the weekly divergent lows like this one: http://schrts.co/KNjBETPW]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/jo-coffee-etn-1st-price-target-hit-for-5-profit/#comment-6288">Ian M</a>.</p>
<p>Congrats on the quick profit &#038; best of luck on the re-entry. Just keep in mind that once the charts set up bullish after an extended <abbr class='c2c-text-hover' title='A downtrend occurs when a security or index is making a series of lower lows &amp; lower highs.'>downtrend</abbr>/correction/bear market in coffee, fewer commodities can make such powerful, nearly unidirectional (i.e.- almost straight up) rallies that often measure in the high double-digits. Here&#8217;s my long-term weekly chart of $COFFEE coffee futures &#038; you can see how big the rallies/bull markets were following the weekly divergent lows like this one: <a href="http://schrts.co/KNjBETPW" rel="nofollow ugc">http://schrts.co/KNjBETPW</a></p>
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		<item>
		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/jo-coffee-etn-1st-price-target-hit-for-5-profit/#comment-6291</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Wed, 29 May 2019 19:48:33 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=191422#comment-6291</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/jo-coffee-etn-1st-price-target-hit-for-5-profit/#comment-6285&quot;&gt;quantize&lt;/a&gt;.

I think moving stops up to entry to assure at least a breakeven on JO at this point would be prudent.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/jo-coffee-etn-1st-price-target-hit-for-5-profit/#comment-6285">quantize</a>.</p>
<p>I think moving stops up to entry to assure at least a breakeven on JO at this point would be prudent.</p>
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		<item>
		<title>
		By: Ian M		</title>
		<link>https://rightsideofthechart.com/jo-coffee-etn-1st-price-target-hit-for-5-profit/#comment-6288</link>

		<dc:creator><![CDATA[Ian M]]></dc:creator>
		<pubDate>Wed, 29 May 2019 17:27:00 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=191422#comment-6288</guid>

					<description><![CDATA[Thanks Randy, closed for nice, quick profit.  Will look to re-enter, I like that it not correlated to SPY]]></description>
			<content:encoded><![CDATA[<p>Thanks Randy, closed for nice, quick profit.  Will look to re-enter, I like that it not correlated to SPY</p>
]]></content:encoded>
		
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		<item>
		<title>
		By: quantize		</title>
		<link>https://rightsideofthechart.com/jo-coffee-etn-1st-price-target-hit-for-5-profit/#comment-6285</link>

		<dc:creator><![CDATA[quantize]]></dc:creator>
		<pubDate>Wed, 29 May 2019 16:00:35 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=191422#comment-6285</guid>

					<description><![CDATA[&lt;a href=&#039;https://rightsideofthechart.com/members/rsotc/&#039;&gt;@rsotc&lt;/a&gt; What&#039;s your new Stop if riding to &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;Second Profit Target&#039;&gt;T2&lt;/abbr&gt;?]]></description>
			<content:encoded><![CDATA[<p><a href='https://rightsideofthechart.com/members/rsotc/'>@rsotc</a> What&#8217;s your new Stop if riding to <abbr class='c2c-text-hover' title='Second Profit Target'>T2</abbr>?</p>
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