Monday, April 21, 2008

Cosco 15 mins chart Testing Support Band


Price lost momentum after reaching $3.24 just 1 cents from mid gap resistance at $3.25 . Monitor immediate support band $3.18 to $3.15 . Support failure here will retest next support band at $3.10 to $3.08 . Need to clear $3.22 resistance to regain momentum to retest $3.24 to $3.25 resistance band. Breakout above this band will propel price to gap resistance at $3.35

1 comment:

Anonymous said...

Thanks for writing this.