Cosco's double-bottom failed to materialise. Instead, it broke the downtrend support (low pink) on 9 oct, and also gapped down today, testing the long term downtrend support (pink ...).
Cosco is almost back to where it started to rise back in the beginning of 2006.
For monday :
Support @ 1.00 (pink ...), 0.960 (low red)
Resistance @ 1.132 (mid red), 1.34 (ow pink), 1.50 (green --)
Saturday, October 11, 2008
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