COLG upward movement & ResistanceGood movement observed in Scrip which crossed the Conversion Line towards upside and very near to the Base Line & EMA 44 and then subsequently also Intersected with the Base Line and EMA 44 Level. Need to sustain this Resistance Level for further upside move.
Some Resistance was expected from this level i.e. Base Line and the EMA 44 Price Level. Next strong Resistance zone to be confronted is the Kumo itself and the marked Grey zone, which are also overlapping.
