A couple of reasons why it will almost certainly go upn. 1)Because everything can always go HIGHER :-) 2)Political unrest in Nigeria, one of the largest cocoa producers. 3NIB hit its all-time low of $27.23. If I'm a chocolate manufacturer, I'm loading up on this low priced commodity while the price is so attractive.
I have a sell in for $50 because I'm very fond of 100% ROI