OSIM: Another Selling Off is Coming Soon?
Watch this 61.8% Fibonacci Support at about $1.08 closely for OSIM. Breaking this support will start another round of sell off for OSIM after forming the Double Tops. The stock is currently on down trend.
COSCO: Double Tops Confirmed?
COSCO has broken the $1.80 neckline support of the Double Tops. If COSCO cannot break above this $1.80 support turned resistance level, the Double Tops formation will be confirmed with a breakdown price target of $1.32.
See previous post of COSCO when the direction is turning down.
COSCO: Turning at the Resistance
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.
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