Studying the chart for Cosco, it seemed as though the selling zone is around the 0.515-0.535 range. The sellers are getting ready to book profits and the buyers will be getting lesser as it reaches that range. As of now in the 5 min chart, it seemed as though there is some hidden selling but the real selling has not emerged yet. Let's watch.
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Update: 4:16pm, 23/12/2015
In the $$ shorting it. When I posted earlier was 0.52 where it was at the selling zone. It's now 0.495. Let's watch!
Ronald K - Market Psychologist - A Stock Market Opportunist
