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
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。