New Signal: Coffee Future price (KC) Is Trading at support level, Providing Good Risk Reward Entry

[vc_row][vc_column][vc_column_text]Coffee future price has been correcting down since the beginning of the month and yesterday came down to support zone and bounce up from it. We have been bullish on coffee during July-August and our signals got most of the run up. Looking at the chart now, we can see price found support at $110-112 price level, while the long term moving average continue to rise, showing there is still positive momentum in the stock. A continuation move up from current price, can move price to our First Take Profit level at $120 follow by a $128 price target.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”2837″ img_size=”full” onclick=”link_image”][/vc_column][/vc_row]

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