Tag Archive for 'Up Trend Support'

COSCO: Break Up Trend Support

COSCO Corp seems like have broken the uptrend support and trading about $2.10 (78.6% FR Level). If COSCO cannot rebound from this level and break the $2.20 resistance (Uptrend support turned resistance and 50D MA resistance), COSCO may start the trend reversal and the next support is at 61.8% FR level at about $1.885.

NOL: Breaking the Up Trend Support?

NOL looks like going to end the up trend if this Up Trend Support is broken. A very important level to watch is $2.10 which is the up trend support, 78.6% Fibonacci Retracement Support and also the 200D MA support. Breaking below this support level may reverse NOL stock price to have a bigger correction.

Keppel Land (Kepland): The End of the Up Trend

Keppel Land (Kepland)’s uptrend ended after breaking down from the Falling Wedge and break the uptrend support. A Bullish Harami candlestick pattern was formed at 78.6% Fibonacci Retracement Support Level and thus expect KepLand to consolidate around $4.19. Also take note that this $4.19 is also the 200D MA support. Next support are $3.85 followed [...]