Cosco-Possible bottom?
Yesterday, Cosco displayed a two bar reversal and something to note is that it recorded the largest volume hourly bar in a long time. At the same time, yesterday's bar had a much higher vol than that of the previous red bar.
![](https://static.wixstatic.com/media/e976ab_9d0105ad0e5746e0be031a88a2d67b8d~mv2.png/v1/fill/w_980,h_578,al_c,q_90,usm_0.66_1.00_0.01,enc_avif,quality_auto/e976ab_9d0105ad0e5746e0be031a88a2d67b8d~mv2.png)
This blog is vested at $0.38 with a stop loss of $0.36 and a first target of $0.425. This blog believe that there would be a rebound rally follow a period of range bound play at the 40s zone forming a base.
THIS IS NOT A BUY OR SELL CALL.
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Disclaimer:The contents of this website are provided to you for information only and should not be used as a basis for making any specific investment, business or commercial decision. These pages should not be construed as an offer or solicitation for the subscription, purchase or sale of the securities, and specifically funds or any investment products, mentioned herein, or, in any jurisdiction to any person to whom it is unlawful to make such an invitation or solicitation in such jurisdiction.THIS IS NOT A BUY OR SELL CALL. Interested in joining our community and receive live updates, please refer to thishttps://satkitrader.wixsite.com/website/connect-with-us Disclaimer:The contents of this website are provided to you for information only and should not be used as a basis for making any specific investment, business or commercial decision. These pages should not be construed as an offer or solicitation for the subscription, purchase or sale of the securities, and specifically funds or any investment products, mentioned herein, or, in any jurisdiction to any person to whom it is unlawful to make such an invitation or solicitation in such jurisdiction.