- 20D Crosses 50D MA to show the bullish strength.
- Return of the trading volume.
- The next higher high has to be more than $1.15 (61.8% Fibonacci Retracement Level) to show an uptrend. A higher low has been formed ($1.05 with reference to $1.00).
Monday, December 28, 2009
Cosco - Breaking Out from a Falling Wedge?
Can this breakout successful from a Falling Wedge? Target Price for successful breakout is $1.30.
Things to watch out:
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