Cocoa shows top relative strength in today trading, Linda Raschke notes

Cocoa shows top relative strength in today trading, Linda Raschke notes
Cocoa emerges as today top RS leader

Linda Raschke, founder at LBR Asset Management, highlights cocoa as the relative strength leader today.

Raschke also mentions the need for a point and figure count analysis off the previous two-month base.

Raschke has previously commented on stock-specific price action, noting a gap down in Tesla ahead of key tech earnings reports. She has also discussed the strong uptrend in semiconductors, highlighting how her 5 SMA system is designed to capture outliers like continued highs in SMH. These observations align with her focus on technical signals across asset classes.

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