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Did Cocoa Find A Real Bottom?

Did Cocoa Find A Real Bottom?

January 25, 2018

Cocoa has dipped back below the $2000 per ton level and recently demand data when it comes to grindings were weaker than the market had expected. In my latest article for Seeking Alpha, I explain why cocoa likely needs to continue to consolidate, how it may have established a bottom, and bow buying dips and taking profits on rallies is likely to yield optimal results.

Article: Did Cocoa Find A Real Bottom?

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