Prices for cocoa were not so sweet throughout January and into early February as cocoa tumbled downward and analysts see no end in sight to the slide.rnSpencer Patton, chief investment officer at Steel Vine Investments, says cocoa is due for an oversold rally. "I'd look for cocoa to get backrnup to about $3,200 (per metric ton), and that's where it will be [at the beginning of March]. Once it works off some of the oversold condition that it's in, this market will be continuing lower. I see it going down and testing support around $2,750 to $2,800."
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