This stock is completely out of phase with the rest of the market as itâ€™s decline started at least a full year before the market in general. It is also a little late in the game but IMO there is room enough to the upside left to make it worthwhile. Here are the charts.
Or with a little more detail;
Talk about â€œregression to the meanâ€ and then some. This one went right back to the inflection point (wave 4) and often that is enough for the time being. A move back to about $17-$18 is a very reasonable expectation. I must confess that I do not understand why people pay so much for coffee, but that does not stop me believing that they will continue to do so.