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Stock Chart: Cosco!
By Dou  •  September 5, 2013

Cosco

On Thursday, Cosco re-test the resistance at $0.705 and closed at $0.705 with HIGH volume of 3.028 million shares traded.

Both RSI & MACD are bullish as RSI trend upwards.

Important Resistance of Cosco: $0.705

Immediate Support of Cosco: $0.67

Currently prices are supported by 20 days MA.

Since 24/Jul, prices have trending downwards forming a lower high and lower low. This is a bearish signal.

The support turned resistance at $0.705 is expected to be strong.

We would not suggest buying this stock unless the resistance at $0.705 is breached with heavy volume. That would be the sign of reversal.

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

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By Dou
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