Wednesday, November 15, 2017

YZJ Shipbldg: 2nd target breached too, price 1.71. New upside again? System?




We have covered this stock again 2 weeks back when we spotted some nice actions above the 1.53 level.


Some targets were drawn then when it was about 1.555 and strength returned….


Today, we have actually seen BOTH the 1st target and the 2nd target HIT..


SEE below chart that was sent out 2 weeks back…. ;)


For illustration purpose only


The 1.70 level has been breached today and there can still be more upside even though we are waiting for further confirmation as of now…


Targets may be revised higher on some specific price action


System wise?


Yes, we actually saw some bullish signals recently again….. shhh…..

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