July 13, TA for Cosco
Trend - Down (confirmed byPrice below 50,100,200 MA, MACD still in negative boundary)
Momentum - Moderate downward
Support - 1.73
Resistance - 1.96 (lookout for 50D MA, it is resisting it).
Volume - 1.5x
Candlestick - black hammer (bullish signal)
Among SembCorp, KepCorp, SemMar and Cosco. Cosco has sign of down trending. If you want to Long it, try to enter near the Support line(1.73) along with a bullish candlestick (look for my blog TA knowledge on what to look for.) and Exit when 1.96 or 50D MA line (note: advise for short term trading only).
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