Posted by DigiNomad on 15th of May 2024 at 01:43 pm
OJ teasing a long term break out, but the current candle has me
a little worried. It could definitely use a rest. It essentially
broke out of a cup and handle and now we're at the top of a much
larger cup. Putting in a handle would be nice....but money printing
stops for no one...especially traders.
The chart and volume patterns are nearly perfect. What's
going on? SkyNet needs citric acid or something?
I think the big price increase since last year are tied to a
disease affecting the trees .... but the recent spike is probably
due to the flooding in brazil I would think
Posted by DigiNomad on 15th of May 2024 at 02:06 pm
Interesting. Thanks. That doesn't really support a longer term
breakout...unless I just default to the currency dilution causing
higher prices theory. Broken record at this point but it
explains the overall action well, for the most part.
long story short ... it cost more and will cost more ...... like
pretty much everything else ... but if we exclude all
inflationary components out of the inflation calculation ...
it's pretty good ...
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OJ teasing a long term
Posted by DigiNomad on 15th of May 2024 at 01:43 pm
OJ teasing a long term break out, but the current candle has me a little worried. It could definitely use a rest. It essentially broke out of a cup and handle and now we're at the top of a much larger cup. Putting in a handle would be nice....but money printing stops for no one...especially traders.
The chart and volume patterns are nearly perfect. What's going on? SkyNet needs citric acid or something?
I think the big price
Posted by mla127 on 15th of May 2024 at 01:57 pm
I think the big price increase since last year are tied to a disease affecting the trees .... but the recent spike is probably due to the flooding in brazil I would think
Interesting. Thanks. That doesn't really
Posted by DigiNomad on 15th of May 2024 at 02:06 pm
Interesting. Thanks. That doesn't really support a longer term breakout...unless I just default to the currency dilution causing higher prices theory. Broken record at this point but it explains the overall action well, for the most part.
long story short ... it
Posted by mla127 on 15th of May 2024 at 02:10 pm
long story short ... it cost more and will cost more ...... like pretty much everything else ... but if we exclude all inflationary components out of the inflation calculation ... it's pretty good ...