iPath Series B Bloomberg Coffee Subindex Total Return ETN

The commodity is trading around a level where the buy/long side reward-to-risk appears attractive. Shown is the daily and weekly chart for Coffee Futures (lower panel) as well as the related instrument available on the system (JO ETN in the upper panel). Time frame: medium term with a time stop of 10 March 2023.

TRADING LEVELS:
Entry: 44.45
Target: 58.00
Stop-loss: 37.40