On Thursday, Cosco broke the minor support at $1.77 and closed at $1.76 with LOW volume of 16.39 million shares traded.

A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow). This usually implies a continuation of a bearish trend. There have been 3 falling windows in the last 50 candles–this makes the current falling window even more bearish.

A long lower shadow occurred. This is typically a bullish signal (particularly when it occurs near a low price level, at a support level, or when the security is oversold).

Both RSI & MACD are bearish though RSI in oversold region.

Important Resistance of Cosco: $1.81

Immediate Support of Cosco: $1.77

Currently prices are well below 20/50/100/200 days MA.

On 15/Jun, prices broke the support at $1.81 despite with low volume and trigger selling today.

Although ...