On Wednesday, Cosco re-test the support at $0.89 and closed at $0.90 with HIGH volume of 3.35 million shares traded.

Both RSI & MACD are flat as RSI trend sideways.

Important Resistance of Cosco: $0.94

Immediate Support of Cosco: $0.89

Currently prices are resisted by 200 days MA at $0.94

Since 4/Mar, prices have been consolidating between the key support at $0.89 and key resistance at $0.94

The support at $0.89 is expected to be very strong.

If interested, do watch if price will pullback to near $0.89 support. It could be a good chance for entry. Cut loss if $0.89 support breached with heavy volume.

Stock Chart: Cosco! is contributed by : Singapore Stock Information Exchange