Oct. 27 at 5:45 PM
Coffee prices surged 40% in August, forming a bullish ascending triangle. A move above
$4.25/pound could push prices toward
$5.75 by late 2026, overcoming resistance seen earlier this year. Seasonal trends may also support coffee, as November has historically been the strongest month, averaging gains of 14%.
Keurig Dr Pepper jumped 7% after reporting earnings, ending a five-week losing streak, with weekly charts showing bullish harami and doji candles indicating a reversal in selling pressure. The stock could reach
$35 by early 2026, remaining bullish above
$27.
Starbucks, down 5% in 2025, is showing signs of recovery, recapturing its 21-day exponential moving average after a bearish descending triangle and signaling renewed investor confidence. The stock could reach
$100 by early 2026, remaining constructive above
$83/share.
Coffee-linked stocks may continue to benefit from the strong coffee market and positive technical signals.
$KDP $SBUX $BROS