I have been bullish on #cocoa since January and made a nice bundle since then. However I have grown concerned that the current surge in price has been propped up by speculators and momentum following. With that I agree with your assessment that cocoa and $NIB has topped out.
I have been incredibly bullish on #cocoa since it was trading at the 1800 level in December. I feel that 2200-2250 offers a very strong resistance, but if there is political turmoil in West Africa a break out is very likely.
I have researched and have been following #cocoa for a while, and I agree with this analysis, cocoa prices have essentially bottomed out at the 2,000 level and are heading back to 2200 on the back of a projected smaller global surplus and rising demand for dark chocolate out of developed countries and chocolate in general in emerging ones. What do you think of my article on cocoa?
#ClimateChange is having an adverse impact on the #cocoa crops and it will only get worse. But a genetically engineered solution could change everything. $NIB
A Top In The Price Of Cocoa
I have been bullish on #cocoa since January and made a nice bundle since then. However I have grown concerned that the current surge in price has been propped up by speculators and momentum following. With that I agree with your assessment that cocoa and $NIB has topped out.
I Remain Bullish Cocoa Prices
I have been incredibly bullish on #cocoa since it was trading at the 1800 level in December. I feel that 2200-2250 offers a very strong resistance, but if there is political turmoil in West Africa a break out is very likely.
Cocoa Prices Hit 3 Month Highs
Yes, thanks to you both I've started watching #cocoa. Bullish on $NIB, $CHOC
Cocoa Prices Hit 3 Month Highs
I have researched and have been following #cocoa for a while, and I agree with this analysis, cocoa prices have essentially bottomed out at the 2,000 level and are heading back to 2200 on the back of a projected smaller global surplus and rising demand for dark chocolate out of developed countries and chocolate in general in emerging ones. What do you think of my article on cocoa?
www.talkmarkets.com/.../cocoa-a-huge-opportunity-people-shouldnt-ignore
Cocoa, A Huge Opportunity People Shouldn't Ignore
#ClimateChange is having an adverse impact on the #cocoa crops and it will only get worse. But a genetically engineered solution could change everything. $NIB