Cosan, sell signal week 18
Cosan gains 0.5% as the technical picture shows a decline losing its edge
Cosan, sell signal week 18
In Summary
Week 18 of the sell signal on Cosan, and the week closes at +0.5%, the fourth straight gain since the early-June low. Buy volume climbs to 84% and the daily chart has formed a double bottom with a 9% intermediate rebound. The decline holds on the directional front, but is losing push: here is the week-by-week technical read.
IQS Phase
69
in tension
Signal Strength
2
decline fading out
Sizing
MINIMUM
Ranking
#11 / 22
Rest of the World stocks
Trade P&L %
+32.38%
from signal to today
restricted Platinum content