Thursday, May 4, 2017

YZJ Shipbldg: Some actions seen as mentioned, price 1.22. More upside?

Had actually sent a note last Friday morning at 9.29am on YZJ Shipbldg when it was a 1.16 (See below chart).

Mentioned about a potential move above the key 1.20 level.....

Finally, the move came today. 

We have indeed seen the resistance at 1.20 gave way on some pretty decent price action as of now.

So looking at the chart drawn last week where the arrows are pointing to more upside..... Can it head to 1.35 next?

Anyway we did see something on the system, PTI grads can check.  J


Recent Email:

Sent: Friday, April 28, 2017 9:29 AM
Subject: **** YZJ Shipbldg: A good rebound back to key resistance before profit taking again, price 1.16

For illustration purpose only

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