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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
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The Coffee Quartet

chessNwine Thu Jan 16, 2014 3:35pm EST 1 Comment

USsnapshot

While the main coffee ETN (JO) tries to stabilize over $23, note four main coffee stocks are split.

GMCR JVA are more long ideas, while DNKN SBUX are still setting up as shorts.

Be sure to check out my video market recap after the bell for a full discussion.

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GMCR

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JVA

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DNKN

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SBUX

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One comment

  1. Honolulu Trader
    Honolulu Trader
    January 16, 2014 at 3:59 pm

    Coffee plays like $JO may be a second half of the year play in 2014. That’s what some are thinking.
    http://www.zacks.com/stock/news/118743/dont-be-fooled-by-the-coffee-etfs-surge

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