Currently COSCO is turning down after hitting $1.96 resistance. Next immediate support is $1.86 which is also the 61.8% Fibonacci support and 20D MA support. The Double Tops chart pattern is still at sight unless COSCO can stay above this neckline for the next few weeks.
COSCO: Turning at the Resistance
- Post author:Marubozu
- Post published:July 3, 2011
- Post category:Cosco Corp
- Post comments:0 Comments
Tags: Double Tops