COSCO looks rather bearish as reflected from the chart.
The current price of $0.315 is hovering below both 14SMA & 25SMA lines which is generally rather negative.
Also MACD are pointing downwards with no sign of reversal yet. It may continue to drift lower .
Breaking down of $0.285 with high volume that may send the price further down towards $0.25 with extension to $0.20.
( trade with extra cautious)
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