We create and publish training materials and deal with the research of financial and commodity markets and identification of trading opportunities. We create information content in digital electronic form and its subsequent sale. We are not a stockbroker or broker, we are not financial institutions and we are not a financial intermediary.
20/12/17 14:18(CET)_Cocoa_LONG
Cocoa Long. The cocoa contract correction reached 50% Fibonacci retracement. According to analysts, due to rising purchase prices in growing areas, a return to prices of around USD 3,000 per tonne can be expected to return. Technical limit 50% Fib.ret. is a possible border zone in the current development. CAs publish an analysis of price increases, for some customers this may be an averaging strategy.
Chart and table source: WebTrader
