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deepanshu422
Dec 17, 2018 10:37 AM

COSCO SHP SG may test 0.330 Short

COSCO SHP SGSGX

Description

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
Comments
abhinav_sonii
TRAP : head and shoulder pattern founded here ☠️ which may fail because of low volume and slow chart may be
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