Is coffee ready for a charge?

in #coffee4 years ago

Coffee is renowned to be one of the most volatile commodities. This creates great profit opportunities if the market is read correctly. Here is my analysis
The weekly chart appears to be creating a base around the 107 mark. If this is confirmed the stock will rise potentially up to 140.
The wave on long term shows that once the price will have reached 140, coffee should crash and create a new low around June 2021.
Immagine 28-10-20 alle 10.08.jpg

What do you think? What would you like me to analyze next?
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To the question in your title, my Magic 8-Ball says:

My sources say no

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