Cosco has formed a “Lower High, Lower Low” bearish chart pattern and confirmed the down trend. COSCO has recently broken 200D MA support and 61.8% Fibonacci Support with immediate resistance at about $1.88. If COSCO continues to stay below $1.88, next support is at about $1.72.
See last analysis on COSCO HERE.
Yangzijiang just broken the long term up trend support and 200D MA support. This support level is also very close to the 78.6% Fibonacci Retracement Level. If Yangzijiang cannot stay above from the 200D MA support, a trend reversal to down trend is confirmed. Great opportunity to short if Yangzijiang share price drops below $1.68.
See last Yangzijiang analysis HERE – Bull is Missing!
Genting Singapore is currently trading within a down trend channel. 20D MA remains as a very strong resistance as Genting SP has failed to break for 3 times.
Base on current chart:
