New York Cocoa (CC) slid nearly 2% yesterday, breaking upchannel support (on the 4hr chart). CC is now suddenly nearing upchannel support (on the daily chart) after getting rejected yesterday from near upchannel resistance (on the weekly chart) and a fresh 2023 intraday high formed last Thursday…
New York Cocoa (CC) edged higher as part of its 5th straight day of consolidation yesterday, remaining somewhat at risk of healthy profittaking before the weekend. A weekly Doji is trying to form near the fresh 2023 intraday high formed Thursday after the extension above the 2015 high (formed that December as can be seen easier on a monthly chart on tradingview.com)…
New York Cocoa (CC) consolidated a 4th straight day yesterday, and is increasingly at risk of healthy profittaking before the weekend. A weekly Doji is trying to form near the fresh 2023 intraday high formed Thursday after the extension above the 2015 high (formed that December as can be seen easier on a monthly chart on tradingview.com)…
New York Cocoa (CC) edged higher yesterday but remains poised for healthy profittaking this week after forming a fresh 2023 intraday high Thursday and extending further above the 2015 high (formed that December as can be seen easier on a monthly chart on tradingview.com). With CC getting rejected Thursday at upchannel resistance (on the 4hr, daily and weekly chart), consolidation is increasingly likely this week…
New York Cocoa (CC) edged lower Friday as it is increasingly poised for healthy profittaking after forming a fresh 2023 intraday high Thursday and extending further above the 2015 high (formed that December as can be seen easier on a monthly chart on tradingview.com). With CC getting rejected Thursday at upchannel resistance (on the 4hr, daily and weekly chart), healthy consolidation is increasingly likely going into August…
New York Cocoa (CC) slid more than 0.5% yesterday on healthy profittaking after forming a fresh 2023 intraday high and extending further above the 2015 high (formed that December as can be seen easier on a monthly chart on tradingview.com). With CC getting rejected yesterday at upchannel resistance (on the 4hr, daily and weekly chart), healthy consolidation is increasingly likely for the balance of the month…
New York Cocoa (CC) surged more than 2% yesterday, forming a fresh 2023 high and extending further above the 2015 high (formed that December as can be seen easier on a monthly chart on tradingview.com). With CC closing yesterday against upchannel resistance (on the 4hr, daily and weekly chart), healthy consolidation is likely for the balance of the week…
New York Cocoa (CC) surged more than 1.5% yesterday, forming a fresh 2023 high and extending further above the 2015 high (formed that December as can be seen easier on a monthly chart on tradingview.com). With CC bumping intraday yesterday against upchannel resistance (on the weekly chart), healthy consolidation is fairly likely for the balance of the week…
New York Cocoa (CC) edged almost 1% higher Friday, closing once again near Wednesday’s fresh 2023 high above the 2015 high (formed that December as can be seen easier on a monthly chart on tradingview.com). CC is trying to extend towards upchannel resistance (on the weekly chart), continuing the massive bull market rally that began November 2022…
New York Cocoa (CC) slipped more than 1% yesterday in healthy consolidation after hitting a fresh 2023 high above the 2015 high (formed that December as can be seen easier on a monthly chart on tradingview.com). With the weekly Doji having been rejected at the upchannel resistance (on the weekly chart), CC will likely want to catch a breather going into August before it tries launching from the 2015 high to the record high (formed March 2011)…
