
Cos influenced by my mum as she said going down...
Patience really pays off.
Now is 2.05.
Congrats to those who wait. :)
Wanted to buy back cos' the chart shows a breakout.
It's too risky to go in now at 2.05 as it has cheong too much...
blueheat ( Date: 04-Nov-2010 17:02) Posted:
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If you long, just hold it tight and reap your reward.
If you short, please cover back faster.
tiancai007 ( Date: 07-Nov-2010 21:14) Posted:
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On Thursday, Cosco re-tests 26 month old resistance at $2 and closed at $1.99 with HIGH volume of 52.32 million shares traded.
A rising window occurred (where the top of the previous shadow is below the bottom of the current shadow). This usually implies a continuation of a bullish trend. There have been 4 rising windows in the last 50 candles–this makes the current rising window even more bullish.
Both RSI & MACD are bullish as MACD about to perform a “golden cross”.
Important Resistance of Cosco: $2
Immediate Support of Cosco: $1.90
Currently prices are supported by the technical /20 days MA at $1.90
On 4/Nov, Cosco was trading in high volume and attempt to break above the $2 resistance.
This will be another counter that we will be looking in the coming week though it may be too late for entry since Cosco RSI already near to overbought region.
Moreover Cosco already report its 3Q net profit on 3/Nov thus any potential upside is limited
yiewkhong ( Date: 07-Nov-2010 20:05) Posted:
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Pardon me. Nobody ask you to cheong.
Most of us bought it cheap and for long term investment. Btw, the chart shows that it is BREAKOUT.
I think you better cover your short early in the morning, otherwise you are gonna be SQUEEZED.
tiancai007 ( Date: 07-Nov-2010 19:30) Posted:
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Pinkieeeee ( Date: 05-Nov-2010 19:29) Posted:
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COSCO Shipping orders more heavy lift vessels

On the evening of October 31st, COSCO Shipping signed a contract with Nantong COSCO KHI Ship Engineering Company Limited in Shanghai, to build four 28,000-dwt heavy lifters. On the morning of November 1st, COSCO Shipping signed with Shanghai Shipyard to build another four 28,000-dwt heavy lift ships. COSCO signed for ten 27,000-dwt MPPs back in March as part of plans to establish its heavylift fleet as the number one in the world. [05/11/10]

i think whether or not it will perform well on monday has yet to be told
though dow is uptongiht it might take a turn for tomorrow especially when the eployment reports are coming out tomorrow.
but i believe that quite a fair bit of investors have invested in levels that are lower that the current so they might well take profit when there're some right?!
Never close at 2.00, not a good sign with sell down at pre-close of 1.99.
Is Monday going to be profit-taking day? But Dow is up today. So Monday will be very interesting. I remembered during 2nd quarter result, cosco didnt shoot up despite good results.
17:05:01 | 1.990 | 1,332,000 | Sell Down |
16:59:59 | 1.990 | 2,000 | Sell Down |
16:59:52 | 2.000 | 1,000 | Buy Up |
16:59:42 | 2.000 | 45,000 | Buy Up |
16:59:31 | 1.990 | 10,000 | Sell Down |
16:59:30 | 2.000 | 30,000 | Buy Up |
16:59:28 | 2.000 | 10,000 | Buy Up |
16:59:25 | 2.000 | 10,000 | Buy Up |
16:59:23 | 2.000 | 30,000 | Buy Up |
16:59:23 | 2.000 | 530,000 | Buy Up |
16:59:18 | 2.000 | 2,000 | Buy Up |
16:59:17 | 2.000 | 20,000 | Buy Up |
16:59:07 | 1.990 | 10,000 | Sell Down |
16:59:01 | 2.000 | 1,000 | Buy Up |
16:59:00 | 2.000 | 1,000 | Buy Up |
16:59:00 | 1.990 | 5,000 | Sell Down |
16:58:51 | 2.000 | 4,000 | Buy Up |
16:58:48 | 1.990 | 10,000 | Sell Down |
16:58:44 | 2.000 | 20,000 | Buy Up |
16:58:43 | 2.000 | 1,000 | Buy Up |
WAH LAU, MAKE MONEY FIRST LAH..... MAYBE MONDAY IS CORRECTION......
HAPPY DEEPAVALI !!!!!!!
Noob79 ( Date: 04-Nov-2010 20:17) Posted:
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Got this feeling u may not be able to get it at 1.99 this coming monday....still can buy mayb will chiong to 2.1
maxcty ( Date: 04-Nov-2010 17:05) Posted:
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why u feel like buying back at a higher price than those u sold????
crystal1818 ( Date: 04-Nov-2010 16:59) Posted:
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I sold at $1.98.
Feel like buying again at 1.99.
Any advice?
Thanks.
Good one... 2...
If I am just answerable to myself, trading life will be even more fun and relax... Have a nice weekend!
