COSCO SHP SG    Last:0.123   -

CoscoCorp

gaps are potential resistance levels. if you long now you are buying at a potential resistance (1.75-1.78). go with the direction of gaps. since it gapped down, i prefer to short any bounce preferably around 1.76 and above. my SL would be a close above 1.82. possible TP 1.5-1.54 and 1.25-1.3.. risk is small 6 pts while reward is 20+ points and above. if i wish to go long, i would wait for a close around 1.82 and above.  

samson      ( Date: 16-Jun-2011 09:22) Posted: nOW cOSC $1.74 CAN BUY ?

 

nOW cOSC $1.74 CAN BUY ?

 

Cosco's floor still not seen.

Downtrend is in full swing.

May see 1.73 next.

Winners will be shortist and those who have stay out of the market.

 

So fast it is going down again... So weak... lol

 

northern star pattern hopeful dependent on dow power of course
indo agri
golden agri
gmg
cosco
Noble
Swiber
F & N
ChinaMinZhong
& sti (not hsi)

no promise, if wrong dont kill me

 

long 1.81 doji support assist at HTL 1.79
bettng on a northern star pattern 2morrow
hope to see northern star pattern on hsi too
hehe

Isolator      ( Date: 13-Jun-2011 17:11) Posted: Your done is close short or open long?

 

Your done is close short or open long?

 

done

broadfeet      ( Date: 13-Jun-2011 16:50) Posted: q 1.81

 

q 1.81

 

closed my positions too... will short again on rebound.

monk999      ( Date: 26-May-2011 14:09) Posted: try short @ 2. SL @ 2.04.

 

Close for the rebound.... Will short again when rebounded...

 

Intepretation can be anything you like... As long as you know what is happening....

 

What we need is strong resistance level not support level! Ha. ha. .  ha. . .

Isolator      ( Date: 13-Jun-2011 11:53) Posted: 1.79 will not hold, and 1.74 maybe the support only, but it may break down too.... Do for trading....

 

Dont bother about 1.79...  Wait for  1.74

 

1.79 liao

 

1.79 will not hold, and 1.74 maybe the support only, but it may break down too.... Do for trading....

 

okay i buy 1.74 sell 2.80 then hehe

Sporeguy      ( Date: 13-Jun-2011 11:46) Posted: $2.80 at end of year ?

 

$2.80 at end of year ?

 

agreed if 1.79 breach
strong resistance 1.74

broadfeet      ( Date: 11-Jun-2011 11:43) Posted: coc trading below the 2 years support turn resistance trend line past 5 days friday closed bearish engulging candle pattern 1.99 break 1.90 break 1.79 possible ? hehe   broadfeet      ( Date: 27-May-2011 19:45) Posted: coc retracement is in danger of bleaching the 2 years major uptrend line if price dip below 1.90 today negative close resulted in a lower high formed yesterday outlook bearish with macd, stochk & rsi turning downward if bleach next resistance 1.79...1.74

 

Oh Yeah?!  Goody Goody.

Isolator      ( Date: 13-Jun-2011 09:53) Posted: There maybe support at 1.74 -1.75.....