Disclaimer

Disclaimer:-Please note that all such analysis is provided by way of information only. All of the information was and should be taken as having been prepared for the purpose of reference only and that none were made with regard to any specific investment objective, financial situation or the needs of any particular person who may receive the analysis. Any recommendation or advice that may be expressed in or inferred from such analysis therefore does not take into account and may not be suitable for your investment objective.

Tuesday, December 18, 2007

Cosco 181207

Cosco gapped down today to open @ 5.25

If it continues its current downtrend (which I believe it will), we could see Cosco testing 5.00 (18 sep) very soon, maybe even tomorrow or the day after.

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If you join the peaks of the last few days, the down slope is quite steep. Which also means that Cosco's rebound would also be of similar gradient.

Tomorrow's support @ 5.10
Resistance @ 5.25

Good Luck !!
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