Cosco 260608

After closing below the 3.26 support (blue ...) on 24 jun, Cosco managed to recover and managed to trade above the 3.26 support (blue ...) today, although its upside is still capped by the long term downtrend resistance (upp pink) and uptrend resistance (mid blue).

We could continue to see Cosco trading sideways, supported by the 3.26 support (blue ...) and uptrend support (low blue). If the uptrend support breaks, we could see Cosco testing the downtrend support (low red), or even the long term downtrend support (low pink).



For tomorrow :

Support @ 3.26 (blue ...), 3.23 (low blue), 3.19 (low red), 3.15 (low pink)
Resistance @ 3.31 (upp pink), 3.338 (upp red, mid blue), 3.36 (green ...)

Hope you find my analysis helpful. Thank you for your support !!