In the daily chart above, China Cosco shows a clear bullish divergence on MACD. This is a good reverse signal and it is further enhanced by the breakout of resistance at 8.207. The next resistance is at 8.90 - 8.99. If the price further breaks this area, we can expect the price to surge to $10. So there would be around 10% return for the first resistance area, and around 20% for maximum.
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