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.

Wednesday, January 30, 2008

Cosco 300108

Cosco broke the long term uptrend support (light blue) today. It also broke the downtrend support (red . .) Cosco is now resting on another downtrend support (mid pink).

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If this support breaks, we might see Cosco testing the 4.00 level again, like it did on 22 and 23 jan.

For tomorrow :

Support @ 4.38 (mid pink), 4.12-4.14 (low pink, mid pink - -)
Resistance @ 4.56 (low red ...), 4.622 (light blue), 4.824 (upp pink), 4.89 (upp pink - -, upp red ...)

Good Luck !!
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