Courage Marine - Still Directionless

Courage Marine is still in the consolidation phase due to lack of trading volume. The stock price is currently trading within a tight support ($0.185) and resistance ($0.19 which is a 200D MA) range.

Things to watch out:

• The moving direction of 20D MA will determine whether the trend is moving down or moving up.
• The presence of the trading volume if the stock price breaks the support or resistance.
• Without the above two indication, Courage Marine probably will move sideway for a while.