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Thursday, 26 July 2018

Cosco Shipping International (Singapore) Co. Ltd: 26 July 2018, Thursday, 11.16am Singapore Time

Cosco Shipping International (Singapore) Co. Ltd: 
26 July 2018, Thursday, 11.16am Singapore Time
(Click on Technical Chart above to Expand)

Attached is the Technicals for Cosco Shipping International (Singapore) Co. Ltd, an international shipping/shipbuilding company that is listed in the Singapore SGX. The series of red circled regions and green circled regions show how Cosco has ended its long term downtrend and is in early stage of a newfound long term uptrend. It has backtested the 32.5cents-35.5cents classical support band successfully. It is ready to resume long term uptrend. 

Next target: Upmove-Breakout of 61.0 cents.


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