Orange Juice

Orange Juice (JOK7) is poised for a nice upside move.  It confirmed a double bottom on March 7th with a close above 174.90.  My minimum target is @ 187.50 with the overall target @ 191.70.  We had bullish divergence on the RSI to support this pattern.  In addition, there was a measured move (MM) breakout that had a shallow retracement with 4:1 right-handed skewing.  This is very bullish and gives upside targets of 190.55 (conservative) to 209.04 (aggressive).  My analysis calls for a move up to at least the 187.50 to 191.70 area (blue box on chart below).