Following the previous analysis on COCOA, this is the second try to short this parabolic move for a little risk and big potential reward. Late to send the analysis but here was the setup I took and I will hold as much as I can. I never try more than 2 times to short this kind of parabolic move and with proper risk management.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.