Cosmos is Nearing Another Downside
Cosmos prices are moving sideways in the last 5 days, but the situation is getting tight as they are squeezed between the resistance of the downward channel and the support of the triangle. This is likely to result in a downside move from 6.9130-6.9640 with a target at 6.6670, the lows of September 2 and September 5. The stop-loss could be set at 7.0670, the high of August 31.
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