MA gapped up, and then retrace for a while. But now trend is considered well attached to the trendline, and resumes. May place a 3 mth expiration call.
I long coffee earlier, at $120 level, based on trendline support. Now its $122.05. I set trailing stop at 100 > 0, which is trailing $1.00 behind the coffee price. Target is still set at $130. We will see if the price can be hit.