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1/8/11

Aug 1-5, TA/FA for Cosco (Insider trading Prior to News Releases)


Cosco News Released by 7pm. Cosco Stock since morning is like a "falling knife". Drop 4.7%


TA for Cosco,

  • Trend - Side (it will need a few more days to confirm the Down Trend)
  • Momentum - Moderate Downward
  • Support - 1.62
  • Resistance - 1.72
  • Candlestick - 1 black LONG candlestick
  • Volume - 4x 

An obvious "Insider News" prior to news release, Cosco is like a "falling knife" in a bullish environment. Don't touch this stock until a clear TA signal or Analysts Research is reported.

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