Category: Cocoa
The analysis published under this category are as follows.
Monday, June 18, 2018
Cocoa Commodities Trading Analysis / Commodities / Cocoa
By: Austin_Galt
Latest Price – $2552
Pattern – we have a pattern of lower lows and lower highs on this chart signifying a downtrend. Given that price has risen sharply this year so the question becomes is this the start of a new bull trend? No, not in my opinion.
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Saturday, August 19, 2017
This is Why Cocoa's Crash Was a Perfect Setup / Commodities / Cocoa
By: EWI
Perfect from an Elliott wave perspective, that is. The other day, I went paddle-boarding for the first time and was struck by a familiar feeling; one that comes from, of all things, speculating in the markets.
See, when your board is in line with the current and the wind is at your back, the board moves effortlessly, gliding along the top of the water with no strain at all. This is the equivalent of trading with a market's trend.
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Monday, May 01, 2017
Cocoa Commodity Buying Opportunity / Commodities / Cocoa
By: Austin_Galt
I last analysed the cocoa price in March 2015 in a report titled Cocoa Technical Outlook. Since then price has traded exactly as outlined. Below is the yearly chart from that analysis.
Saturday, March 21, 2015
Cocoa Commodity Price Technical Outlook / Commodities / Cocoa
By: Austin_Galt
Cocoa is the basis of chocolate. The word cocoa is derived from the Spanish word cacao as the cacao tree is native to Latin America. It originated in the Amazon and Orinoco basins which are in Colombia and Venezuela. However, it is now West Africa which dominates world production of cocoa with the Ivory Coast being by far the largest producer.
Let's investigate the technicals of the cocoa price taking a top down approach beginning with the yearly chart.
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Tuesday, January 21, 2014
Cocoa Commodity Price Corrective Retracement In Uptrend / Commodities / Cocoa
By: Gregor_Horvat
On the cocoa-futures chart we see a nice uptrend since July. As such, we definitely want to stay with a trend, meaning that we will be anticipating even higher levels in this market. But first we need to identify the end of a corrective retracement that now appears to be in progress. We are talking about red wave 4 that may reach the 2.560/80 area before the uptrend resumes.
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Wednesday, June 19, 2013
Cocoa Investing - Where a Resources Manager is Uncovering a Sweet Find / Commodities / Cocoa
By: Frank_Holmes
After traveling nearly 6,000 miles by plane, helicopter and jeep, Evan Smith, portfolio manager at U.S. Global, is walking along a dirt path in Kenema past dilapidated shops covered with rusted, corrugated metal. He can hardly believe he has arrived at his destination. Surrounded by hundreds of miles of forest and savannah, it's tough to imagine an agricultural diamond-in-the-rough nearby.Read full article... Read full article...