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2361-2380 of 5997
a hammer, bearish engulf & now a inverted hammer
the good parts :
positive divergence in macd
positive (hidden) divergence
stochk ready to break out of the os region
no foreseeable bad part
bull & bear fighting at THE 1.74 level
verdict please
broadfeet ( Date: 16-Jun-2011 22:53) Posted:
nice hammer sitting on trend line (strong) + positive divergence...bounce? break?
zhixuen ( Date: 16-Jun-2011 17:02) Posted:
I also foresee the 1.74 should be good entry price.
waiting for reversal confirmation. |
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Good luck, I'm still holding since never reach stop out price. Always be on the alert.
monk999 ( Date: 20-Jun-2011 14:34) Posted:
| i try short @ 1.77. SL @ 1.82. TP 1.54. lol. |
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i try short @ 1.77. SL @ 1.82. TP 1.54. lol.
Thanks Bintang, I'm holding on to a short position, looks bearish for the moment.
Bintang ( Date: 20-Jun-2011 07:53) Posted:
Hi susan ,
There was a gap at $1.23 !
susan66 ( Date: 17-Jun-2011 18:45) Posted:
Today still a lot of forceselling, that's why down more and close low. Still holding on & see first.  |
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Hi susan ,
There was a gap at $1.23 !
susan66 ( Date: 17-Jun-2011 18:45) Posted:
| Today still a lot of forceselling, that's why down more and close low. Still holding on & see first. |
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Lately, a lot of blue chips subjected to panic margin call force selling!
susan66 ( Date: 17-Jun-2011 18:45) Posted:
| Today still a lot of forceselling, that's why down more and close low. Still holding on & see first. |
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Today still a lot of forceselling, that's why down more and close low. Still holding on & see first.
Good points, I agree. It is about to bottom out, by the way!
Isolator ( Date: 17-Jun-2011 09:47) Posted:
| Prediction right or wrong is not important.... Most important is whether you can win or lost less... |
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Prediction right or wrong is not important.... Most important is whether you can win or lost less...
Let's see if your prediction comes true, hope so. Today gap down, should be speeding up soon. vested.
Isolator ( Date: 16-Jun-2011 16:00) Posted:
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No position here... Unknown zone to me..
catalyst ( Date: 16-Jun-2011 21:04) Posted:
If I may ask, what is your position now, still shorting or sidelined waiting to long?
Isolator ( Date: 16-Jun-2011 15:30) Posted:
| It hit lower than 1.74.... it mean it is going a downtrend... |
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On Thursday, Cosco broke the minor support at $1.77 and closed at $1.76 with LOW volume of 16.39 million shares traded.
A falling window
occurred (where the bottom of the previous shadow is above the top of
the current shadow). This usually implies a continuation of a bearish
trend. There have been 3 falling windows in the last 50 candles–this makes the current falling window even more bearish.
A long lower shadow
occurred. This is typically a bullish signal (particularly when it
occurs near a low price level, at a support level, or when the security
is oversold).
Both RSI & MACD are bearish though RSI in oversold region.
Important Resistance of Cosco: $1.81
Immediate Support of Cosco: $1.77
Currently prices are well below 20/50/100/200 days MA.
On 15/Jun, prices............. READ MORE
nice hammer sitting on trend line (strong) + positive divergence...bounce? break?
zhixuen ( Date: 16-Jun-2011 17:02) Posted:
I also foresee the 1.74 should be good entry price.
waiting for reversal confirmation.
Isolator ( Date: 16-Jun-2011 16:00) Posted:
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If I may ask, what is your position now, still shorting or sidelined waiting to long?Isolator ( Date: 16-Jun-2011 15:30) Posted:
| It hit lower than 1.74.... it mean it is going a downtrend... |
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I also foresee the 1.74 should be good entry price.
waiting for reversal confirmation.
Isolator ( Date: 16-Jun-2011 16:00) Posted:
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It may get to 1.5x....
It hit lower than 1.74.... it mean it is going a downtrend...
Broken the last support of $1.80.
Now in free fall.
Nobody knows the where the bottom is.
My guess is $1.60.
hpong5 ( Date: 16-Jun-2011 13:36) Posted:
Why bottomless pit?
alexchia01 ( Date: 16-Jun-2011 13:02) Posted:
Cannot lah. Bottomless pit.
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Why bottomless pit?
alexchia01 ( Date: 16-Jun-2011 13:02) Posted:
Cannot lah. Bottomless pit.
samson ( Date: 16-Jun-2011 09:22) Posted:
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Cannot lah. Bottomless pit.
samson ( Date: 16-Jun-2011 09:22) Posted:
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