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.

20/12/4 9:34(CET)_Signal UPDATE Cocoa Long from 20/12/2 13:27(CET)_TAKE PROFIT

SIGNAL TERMINATED – COCOA LONG – TAKE PROFIT

 

The signal is closed with an appreciation of over 27% of the investment in the margin.

 

ORIGINAL TEXT: Cocoa Long. The cocoa market was affected by the calming of the situation in the growing areas. So there was a correction of more than 120 points. However, interest in cocoa is growing due to higher demand, especially in Europe, but also in the USA. The calming of the coronavirus situation will further increase demand. According to many analysts, the last few days were more about a technical sale and profit collection.

Chart source: WebTrader

Comments

Add comment

Your email address will not be published. Required fields are marked *

Your personal data will only be used for the processing of this comment. Principles of personal data processing