COS entering into consolidation
As seen, the COS has just broken the weekly resistance on the 4th test. Now that resistance has become support, but at the same time
there is rejection from next weekly level. Trend line is also acting as a support, but COS has to break 112 resistance as it being tested 1st time after two months. last time it was tested in 26 may 2020, and before that it was tested in march 2019. So we can assume that 112 level is the strong weekly resistance, otherwise it would be a downtrend.
there is rejection from next weekly level. Trend line is also acting as a support, but COS has to break 112 resistance as it being tested 1st time after two months. last time it was tested in 26 may 2020, and before that it was tested in march 2019. So we can assume that 112 level is the strong weekly resistance, otherwise it would be a downtrend.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.