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>Looks to me like Cocoa may be set up for a low risk
>long trade from here ?
>
>assuming entry at 1593 (Fridays close)
>Initial target is at 1660 +67 ($670)
>and stop is at 1572 -21 (-$210)
>for a decent 3:1 ratio
>
>Any comments welcome
Second chart shows support from Gann angles
Attachment Converted: "c:\eudora\attach\cc8u2.gif"
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