On Tuesday, Cosco trend downwards and closed at $0.795 with LOW volume of 0.835 million shares traded.

Both RSI & MACD are flat as RSI trend sideways.

Important Resistance of Cosco: $0.825

Immediate Support of Cosco: $0.78

Currently prices are supported by 20 days MA.

Since 13/Sep/13, prices have been trending sideways with the critical resistance at $0.825.

The resistance at $0.825 is expected to be strong.

We would suggest to sell whenever prices reach $0.825 and buy when near to $0.78 support. Just trade on the consolidation mode.

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