Verdict – Short-term neutral to bullish.
China Wuxi Cobalt slight rebound but in general maintained stable during the past week. However MACD is creating a gold cross. Daily slow stochastic KD created gold cross above oversold area. CCI rebounded fast to reach bullish area. A potential bottom area is created if Cobalt rebounded with volume significantly.
The first support is 340.0. The first resistance is 352.0