COCOA- Multi-year Long setup

2023年3月3日

COCOA has been in a consolidation pattern for multiple years now. Testing lower side of the pattern and upper side, now it's in a very confined range and the upper/lower resistance/support line are coming to agreement. It is trading above resistance now and this would make an ideal long-entry when buying the pullback on the now broken resistance line around 2675~2750. Targets are 4130 ~ 4670.

2023年3月6日

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Big picture on CACOA

2023年3月6日

交易开始

2023年7月1日

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Up 24% since entry so far.

2023年8月8日

交易手动结束

Local top could be in for next few weeks. Looking for new formations. Good time to exit.

2月12日

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Don't know what to say about CACOA ... It just keeps going strong, the targets from those R:R boxes were calculated on the range expansion based on the triangle width. Too early to short it, or play with options which can be interesting too.
Price between 6400 ~ 7700 seems realistic for now.

5月9日

交易结束：到达目标