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.
COSCO Down Trend Resistance broken. The current chart is no longer valid. Next resistance is 50D MA at about $2.10.
what is your take on this now? thanks.
See my latest post.
https://mystocksinvesting.com/singapore-stocks/cosco-corp/cosco-can-this-neckline-support-hold/