On Monday, Cosco trend sideway and closed at $1.26 with LOW volume of 12.42 million shares traded.

During the past 10 bars, there have been 6 white candles and 3 black candles for a net of 3 white candles.  During the past 50 bars, there have been 27 white candles and 18 black candles for a net of 9 white candles.

Both RSI & MACD are bullish though RSI in overbought region.

Important Resistance of Cosco: $1.295

Immediate Support of Cosco: $1.125

Currently prices are resisted by 200 days MA at $1.295

For the past 3 sessions, prices have been trending sideways along the key resistance at $1.295 and the trading volume remains relatively low.

The resistance at $1.36 is expected to be a much stronger resistance than $1.295.

Too late to buy now due to overbought market and thus we ...