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.

Monday, March 17, 2008

Cosco 170308

Cosco today create a new low by touching the down trend support (low red --) It is now trading within a few downtrend channels.

Photobucket (Please note that the volume is wrongly indicated)

If Cosco continues to trade within these channels, 2.50 is not impossible.

For tomorrow :

Support @ 2.827 (low red --), 2.628 (low pink), 2.53 (low red)
Resistance @ 2.93 (mid pink), 3.243 (mid red), 3.26 (upp pink)

Good Luck !!
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