White Opening Marubozu, start of COSCO’s rise?

COSCO advanced by 6.59% from previous price. It should bullishness last Friday but bulls energy diminished after some traders opted to take profit. Today, the rally pierced through the upper band of Bollinger Band and crosses the Kumo. Will it finally close the gap above made last summer?



Bullish points from Ichimoku Signals

1. A neutral bullish signal occurred last Sept 24 when conversion line crosses the base line. The cross was done inside the cloud.
2. A bullish signal occurred today when the price goes upwards through the top of the Kumo.

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