COH 1.60% $339.06 cochlear limited

Well, impressive day for COH again. Broke 57 with volume around...

  1. 177 Posts.
    Well, impressive day for COH again. Broke 57 with volume around midday and retrace in the afternoon is expected after a stellar run. There always will be profit taking and given the whole market was in sell off mode late this afternoon, COH held above 57 which now becomes intraday support.

    COH is now half way through the run since broke 55.50 resistance area mid this week. Bull is still firmly in grip of the situation, expect 60 to be tested next week and we shall see greater level of profit taking occur by then.

 
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