Thursday, December 13, 2007
Cosco 13th Dec 2007 - EOD
Broke through the support line of $6.10 for today. Quite within expectation looking at the selling force. Big lots sell down. Small lots buy up.
Broken many hearts of Cosco supporters too.
Closed at day low of $5.95, with relatively high volume.
Should see some follow-through selling tomorrow, if DOW closes negative tonight.
Next support should be $5.90 (27th Nov low) and $5.75 (23 Nov low).
Looks really attractive to me, but buy signal not out yet.
Never catch a falling knife!!!
Kena cut when I catched Uniasia at $1.95.
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