Cosco started to exude simmering action yesterday and today, the stock had more difficulty climbing up. It seemed as though the sellers were really overpowering the buyers and it will take more time before the stock would go below the 0.50 range and hit the 0.48-0.49+ range before recovering. I am not 100% sure but I won't chase after a stock without a good ws. As of yesterday when I spotted the high at 0.535, I saw the unloading action @ 9:20am and today it is currently trading at 0.515.
http://stockmarketmindgames.blogspot.sg/2018/03/cosco-short-term-simmer.html
Update: 16/3/2018, 11:25am
Ronald K - Market Psychologist - A Stock Market Opportunist
