Keeping a close eye on this one. Whilst everyone tries to catch the bottom on an ever falling Nasdaq and tech stocks, the market has had far better trades to offer. I traded JDEP as my inverse Coffee play, now I bring to your attention one of the world's leading confectionery companies being affected by cocoa prices. This name is beared the brunt of a cocoa bull run, but as supply and demand equilibrium is at a better balance, this stock could outperform to the upside.
Keep an eye on cocoa, if price plummets I expect Barry Callebaut to outperform. There's no rush to buy this, we are sitting at historic level of support. I'd like to see some consolidation here before jumping into a trade.
Not financial advice.
Keep an eye on cocoa, if price plummets I expect Barry Callebaut to outperform. There's no rush to buy this, we are sitting at historic level of support. I'd like to see some consolidation here before jumping into a trade.
Not financial advice.
交易進行
Long and chill. Caught the exact bottom交易結束：目標達成
Took 25% off the table. There's more juice in the tank here, but I will tighten up my stop.註釋
Took 50%. Still moving up whilst tech shat the bed
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