Would we see Cosco hitting 3.48 (17 aug low) again? Probably not this week. However, if Cosco breaks the downtrend support (low pink), who knows what will happen?
Cosco could be trading sideways within the gentler downtrend channel (red ...)
For tomorrow :
Support @ 4.61 (low red ...), 4.55 (light blue, low pink - -), 4.39 (low pink)
Reistance @ 4.943 (upp red ...), 5.103 (upp pink)
Good Luck !!
Monday, January 21, 2008
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