Cosco

Cosco Oct 2015
Cosco Oct 2015

Energy, commodities stocks are running these days. Noble, alliance mineral all had a good run.

We’re turning our eyes on cosco. Been alittle quiet these days. There was an increase in volume today and its still not moving much. Could there be some accumulation going on? Well, we’re using the 50ma as the resistance at 0.27. If that breaks and it can break out of 0.275 we might see more upside after. Lets watch and see where this goes to.

 

Yours

Humbly

Cosco

Cosco Apr 2016
Cosco Apr 2016

Hope everyone is having a good week so far, we’re DOWN with the first two days of the week and market also has been DOWN too.

We hope you managed to make some profit from keppel corp shared very recent and even EZRA which broke our key support of 0.109 and slammed down to the low of 0.091 this morning.

We are now looking at Cosco, it has formed a rounding top from about 40 cents level and has come down to test the support of 0.335. A break below that might see cosco go lower to 0.285. We would use CFD (DMA) to initiate our short positions with a stop loss at 0.37. There was a slight increase in volume for this stock today too. So maybe something to take note. =)

Yours

Humbly