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Alan Sears wrote:
>
> Looks to me like Cocoa may be set up for a low risk
> long trade from here ?
>
> assuming entry at 1593 (Fridays close)
Like this C wave setup in Cocoa. It looks like one of those obvious
Elliottwave counts. Might just pull the triger on this one, if Monday
morning gives me a shot at entry.
> Initial target is at 1660 +67 ($670)
> and stop is at 1572 -21 (-$210)
> for a decent 3:1 ratio
>
> Any comments welcome
>
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