Chart of the Day - Friday, November 12th, 2021

By Patrick Dunuwila

November 12, 2021
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Today’s Chart of the Day was shared by Peter Brandt (@PeterLBrandt). It's a daily bar chart of the Coffee ETF, $JO, over the past six months. Peter points out that $JO is breaking out to an all-time high from a 16-week cup & handle pattern. By the looks of this chart, your cup of morning joe is about to get a little more expensive.

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Patrick Dunuwila

Editor, The Chart Report

Patrick Dunuwila is the Co-Founder and Editor of The Chart Report, a popular technical analysis newsletter read by thousands of investors worldwide every day. Patrick is a Chartered Market Technician (CMT) with over a decade of market experience. Prior to launching The Chart Report, he worked as a proprietary trader at Benchmarq Technologies in New York City. He's originally from Syracuse, NY, and currently resides in San Diego, CA.

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