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.

Thursday, April 17, 2008

Cosco 170408

Cosco opened right on the uptrend support (blue) before weakening, and broke the downtrend support (low red), and closed right on another downtrend support (mid pink --).

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If Cosco fails to hold onto this support (mid pink --), we might see it testing the 2.85 support (green --) again.

For tomorrow :

Support @ 2.95 (mid pink --), 2.85 (green --), 2.82 (low pink --)
Resistance @ 3.01 (low red), 3.045 (low light blue), 3.15 (upp pink --), 3.26 (blue, upp light blue, blue ....)

Good Luck !!

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