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Friday, July 23, 2010

Lunch bites

KIM ENG
Lunch Bites - Cosco Corp Top volume featureCOSCO (COS SP, $1.63) – Cosco’s volume has picked up after it announced a groundbreaking drillship order worth more than US$500m. We have upgraded Cosco to a BUY. Technically, it is poised for more upside with the breakout of an ascending triangle. RSI is positive and support is at $1.56.

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