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Tuesday, March 1, 2016

Cosco

Cosco - 1st March 2016

Cosco has a very nice thrust bar reflected on the chart today. The volume was rather high with 20.66 m changing hands. A very good price edging up from 30.5 cents to close high at 35 cents. This is rather positive.


Also both MACD & RSi are showing sign of a positive divergence which may provide further indication that the share price may head higher.

The similar pattern may repeat again as indicated on the chart. Short term wise it may trend higher to re-visit 40 cents then 46 cents.
(trade base on your own decision)

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