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Passionate about the markets and Technical Analysis. The learning never stops!

Saturday, February 24, 2018

Cosco - Poised for a breakup


Cosco is likely to have more upside this coming week.  It's weekly has just formed a Morning Star pattern (it has formed a similar Morning Star pattern on 5 Jan this year which subsequently propelled it from 0.435 to a high of 0.525 over the next 2 weeks+ (a 20% move).  Will be interesting to watch if this move plays out in the coming weeks.


Cosco weekly



Morning Star Pattern - Bullish
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