TA for CoscoCorp
- Trend - Down Trend ( confirmation by 20D crossover 200D MA, MACD -ve)
- Momentum - Oversold (double confirmation by RSI and Stochastic)
- Support - 1.80 ( Support breakout)
- Resistance - 1.89
- Volume - below 20D average.
Again, the Black Monday where support is broken. 20D MA has crossed over the 200D MA, showing signal of continuation down trending. It is forming a new lower low, might aligned with the classical support is at 1.80.
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