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, April 9, 2008

Cosco 090408

Cosco today broke the 3.48 support (blue --) and closed below it, settling right on the downtrend supports (low pink, mid pink --).

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The next support for Cosco would be @ 3.26 (blue ...). If that also breaks, we might see Cosco test the 3.00 level.

For tomorrow :

Support @ 3.317 (mid pink --), 3.26 (low pink, blue ....), 3.223 (low red), 3.129 (low pink --)
Resistance @ 3.48 (upp pink, blue --), 3.575 (upp red), 3.60 (upp pink --)3.764 (low purple)

Good Luck !!
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