New York Cocoa (CC) formed a green daily Hammer/Doji yesterday, but remains poised for more healthy profittaking next week after closing Friday at a fresh 2023 high near upchannel resistance (on the weekly chart). CC appears like it’ll need to consolidate further going into month end before it makes another attempt at retesting its record high (as can be seen easier on a monthly chart on tradingview.com)…
New York Cocoa (CC) slid nearly 2% yesterday, and remains poised for more healthy profittaking ahead of the weekend after closing Friday at a fresh 2023 high near upchannel resistance (on the weekly chart). CC appears like it’ll need to consolidate further going into month end before it makes another attempt at retesting its record high (as can be seen easier on a monthly chart on tradingview.com)…
New York Cocoa (CC) formed a daily Gravestone yesterday, appearing poised for more healthy profittaking ahead of the weekend after closing Friday at a fresh 2023 high near upchannel resistance (on the weekly chart). CC appears like it’ll need to consolidate further going into month end before it makes another attempt at retesting its record high (as can be seen easier on a monthly chart on tradingview.com)…
New York Cocoa (CC) sharply reversed more than 3.5% yesterday after closing Friday at a fresh 2023 high near upchannel resistance (on the weekly chart). CC increasingly appears like it’ll need to consolidate going into month end before it makes another attempt at retesting its record high (as can be seen easier on a monthly chart on tradingview.com)…
New York Cocoa (CC) formed a daily Hammer Friday, closing at a fresh 2023 high. CC is extending its upchannel (on the weekly chart) and appears likely to test upchannel resistance and make a fresh record high (as can be seen easier on a monthly chart on tradingview.com) by early week…
New York Cocoa (CC) formed a daily Doji yesterday, closing at a fresh 2023 high. CC is extending its upchannel (on the weekly chart) and appears likely to test upchannel resistance and form a fresh record high (as can be seen easier on a monthly chart on tradingview.com) by early next week…
New York Cocoa (CC) surged more than 2% yesterday, closing at a fresh 2023 high. CC is once again extending its upchannel (on the weekly chart) and appears likely to test upchannel resistance and form a fresh record high (as can be seen easier on a monthly chart on tradingview.com) by early next week…
New York Cocoa (CC) formed a red daily Doji yesterday, closing just shy of last week Tuesday’s fresh 2023 high. With a red weekly Gravestone trying to form, CC no longer appears likely to extend its upchannel (on the weekly chart) and test upchannel resistance sometime this week…
New York Cocoa (CC) formed a daily Doji yesterday, closing just shy of Tuesday’s fresh 2023 high. Odds are moderately high for CC to extend its upchannel (on the weekly chart) and test upchannel resistance sometime this week…
New York Cocoa (CC) edged more than 1% higher Friday, closing just shy of Tuesday’s fresh 2023 high. Odds are moderately high for CC to extend its upchannel (on the weekly chart) and test upchannel resistance sometime this week…
