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.
- Post author:Marubozu
- Post published:February 16, 2011
- Post category:Cosco Corp
- Post comments:0 Comments
Tags: Up Trend Support