Another Entry Point For Coffee?
Justin Smyth | Jun 27, 2014 01:16AM ET
Coffee is one of the best performing markets this year. After a huge breakout it's pulled back for multiple months now and sits right above the 30 week EMA. This is classic Weinstein Stage 2 action where a pullback to the 30 week EMA provides the second entry point after the breakout. Look for another increase in volume to kick off another leg higher.
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