Friday, January 11, 2013

Trading Buy: Yangzijiang. Share price 1.115

Yangzijiang has broken above the1.10 resistance level. Currently at TOP 10 volume on this breakout which signifies strength. New support level at 1.10 now. As long as it stays above 1.10, short term upside to 1.20 seems likely. Has been trading below this level from May 2012 till today. A break above 1.20 will open the way to 1.27.
Stop loss at 1.075



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