About Us   |   Signup   |   My Account   |   Forgot Password   |   Faq   |   Contact Us
Home Events Software Company Trainers Solutions Corporate Solutions Investor Relations

331,566    have registered to our events
home
eve_listing
eve_forum
testimonial
gallery
article



Download this article Print this page
Share

Trading a sideway market
 
Singapore

Cosco Corp
 

Cosco Corp issued a profit warning statement in recent weeks, which triggered a string of downgrades by various research firms causing Cosco Corp to face selling pressure. Cosco Corp has just broken a technical support level at $0.93 which signals an end to the short-term uptrend. The $0.93 level may now become a potential resistance level especially since the 50-day moving average is trading around the same level. The key support level for Cosco Corp may be at $0.66. Failure to hold at this significant support level may indicate further downside as this level had been tested two times in Oct’08 and Nov’08 respectively. A bearish DI crossover is seen in the ADX indicator signifying possible downside. 

 
 
ARTICLES ARCHIVE

 
 

Corporate Partners  
Corporate Partners
Investor Relations   |    Corporate Solutions   |    Software Solutions   |    Events & Courses

All logos and trademarks are property of their respective owners.
Copyright© 2004-2024 ChartNexus Mastery Pte. Ltd. All rights reserved.

Legal . Privacy Policy . Terms of Use