Cocoa Short. Cocoa is following a strong upward trend, which, however, maintains a trading margin of 400 trading points. The price is currently being adjusted with a potential approach to the support line of USD 2,500 per tonne for the futures contract. Fundamental information as well as the current price, which is above 70% of the average price limit, gives a higher chance for a short outlook. The published analysis is of a short-term nature.