Cosco 220208

We were discussing if Cosco could complete a double-bottom on 12 feb. On 18 feb, we thought it would after Cosco broke above the long term uptrend support (light blue). But the uptrend momentum wasn't sustained and Cosco weakened thereafter.



On 20 feb, Cosco went below the long term downtrend support (low red ...) again, and it even traded below the short term uptrend support (low blue) on 22 feb. Are we looking at a triple bottom?

For monday :

Support @ 4.076 (upp pink), 3.85 (mid pink, 22 jan low)
Resistance @ 4.32 (low pink --), 4.37 (low blue), 4.42 (low red ...), 4.48 (upp pink --)4.725 (upp blue)

Good Luck !!