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Passionate about the markets and Technical Analysis. The learning never stops!
Showing posts with label cosco. Show all posts
Showing posts with label cosco. Show all posts

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

Bulls are back!

The US markets declined pretty sharply on 13th December last year but 2 weeks later it hit into a longer term support and started to rebo...