deepanshu422

COSCO SHP SG may test 0.330

Short
SGX:F83   COSCO SHP SG
Stock can test level of 0.330 in coming days after breaking major support of 0.345.
Also MACD indicator pointing downward trend with trading below signal line.
Stock facing immediate resistance around 0.370 as per price rejection around this level clearly visible.

Trade closed: target reached: The stock continues its downtrend after the breakout reached TGT zone of 0.330 today