US Cocoa (CC)Long
USCOCOA - Swing Long Trade Opportunity?
USCOCOA Over the past 11 months, each time the RSI has dropped to the 30 level, it has consistently triggered a reversal, followed by new upward trends. Given that the price is currently 42% below the ATH level, this might present a promising long trade opportunity. If it breaks above the 100-day EMA, I anticipate further gains.
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