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20/11/13 9:48(CET)_Signal UPDATE Cocoa Short from 9.11. 15:00_TAKE PROFIT

SIGNAL TERMINATED – COCOA SHORT – TAKE PROFIT

 

The signal is closed with an appreciation of over 15% of the investment in the margin.

 

ORIGINAL TEXT: Cocoa Short. Cocoa follows half-monthly trends. The current downward trend is bounded by a resistance line, which forms a natural boundary for the next possible rise. The current above-average upward movement is the last move of long speculators. CA analysts believe that the situation in Ghana and Côte d’Ivoire will further weaken the market.

Graph source: WebTrader

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