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Moving in cycles of 9 candles on month chart, with new cycle likely in Feb 2024
Prices will probably downtrend till the new cycle starts, which direction will probably depend on their full year financial report
Fib 1 (1.01) looks like first level support, with strongest support likely near Fib 0.236 (0.77)
Fundamentals look undervalued though not sure if their growth can be sustained, although Indonesia is supposed to have a growing middle class that might contribute to more chocolate consumption.
Will probably wait nearer Feb 2024 to look for entries.
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As always, gentle reminder to dyodd
