Cosco 071108

After opening right on the uptrend support (low blue) and below the 0.815 support (red --), Cosco managed to recover a little during the day to close slightly above the uptrend resistance (mid blue) and right on the 0.870 resistance (lightblue --).

Any upside could be limited to about the 0.930 level as you can see 3 trendlines converging, provided of course if Cosco does not break the 0.815 support again.



For monday :

Support @ 0.870 (lightblue --), 0.815 (low blue, red --), 0.755 (blue ...), 0.710 (low red), 0.670
Resistance @ 0.870 (lightblue --), 0.880 (mid blue), 0.910 (mid pink, upp red), 1.00 (red ...)