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Monday, May 26, 2014

COSCO

COSCO - 10th June 2014 - Cosco may attempt to breakout 74 cents and head higher towards 76.5 cents then 79 cents. All 3 indicators are turning upwards which is rather positive in driving the share prices higher.(trade base on your own decision)

COSCO - 31st May 2014 - Cosco had attempted 3 times to hit 74 cents on 27 to 29 May 2014. But wasn't able to cross over convincingly. Both stochastic & RSI are still trending upwards which is generally positive and may support to drive the share prices higher to breakout 74 cents and head higher towards 76.5 cents soon.(trade base on your own decision)

COSCO - 26th May 2014 - Cosco seems to be on a consolidation mode as reflected from TA point of view. Stochastic is showing sign of turning upwards which is rather positive.Breaking out of 74 cents with high volume that will provide the momentum to drive the share prices higher towards 76.5 cents then 79 cents.Today the company just made announcement that the contracts order for four (4) platform supply vessels have a total contract value of approximately USD120 million dated 12 September 2013 have been declared effective .
Let's hope that this latest news may help to propel the share prices higher.
(trade base on your own decision)

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