Tuesday, April 11, 2017

YZJ Shipbldg: Exit seen recently, what now, still good? Price 1.155

Following up from previous call last month, yes indeed we have still seen YZJ Shipbldg holding well above the 1.10 support level.

Infact, we have actually seen it dipped below 1.10 a few times but yet came back up at day end which is a good sign.

Looking back at the Bullish signal we got on 9 Feb 2017 (as attached below again ), entry price at 0.865.

For illustration purpose only

We actually did had an exit a few weeks back…

So can there be more upside again now?

Are we having another NEW BULLISH RE-ENTRY signal from system?  

Well, the uptrend looks pretty good still with 1.14 – 1.15 holding as a new higher support.

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For illustration purpose only

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