I have lost quite a bit of money already on options trying to time the lift of. But now it is getting to the point where the price should do something.
WHY - I think it is bullish because the price over last 6-7 years formed somewhat what looks as geometrically perfect triangle; - movements up were always in wild thrust and then price retraced slowly each time; - last wave down breaks down in 3 waves each having 5 subwaves and appear complete demonstrating divergences with indicators - most of coffee producing countries end harvesting in March hence some negative news may trigger price surge AMEX:JO
HOW - loaded JO stock already - thinking of making another bet with options, though recent experience still burns ..
DURATION - for several months at least may be years if shortage of cofee persists