Coffee ETNs Rally 15% in Oversold Bounce
By: ETF Trends
Posted on July 02, 2012 at 12:25 PM EDT
Exchange traded products indexed to coffee prices have enjoyed an oversold bounce the past two weeks after sentiment on the beaten-down commodity dropped to multiyear lows. Last month, coffee prices hit key support levels on extremely bearish sentiment, setting up the potential for a strong...
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