Yangzijiang: a further breakout spotted AGAIN over the past week ! now 1.44 !

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Sent: Tuesday, April 21, 2015 10:03 AM
Subject: ******************** Yangzijiang: more upside still possible above 1.43, price 1.425

Since breaking out above 1.40 last week as per previous call, Yangzijiang has managed to maintain above the 1.40 new support level as it consolidates a little before making its upwards push again. Range would be from 1.40 to 1.43 now and any further clearing above 1.43 can see it trade to 1.50. 20 day MA line still surging upwards firmly with MACD indicator still showing ongoing momentum. As long as 1.40 holds as the support now, still a positive counter to ride any upside. Stop loss can be at 1.385.

Sent: Friday, April 17, 2015 10:41 AM
Subject: ***************** Yangzijiang: Breaking above 1.40 psychological resistance can see more strength, price 1.425

Still good to go above 1.42 now, seems to be finding a new high upon the breakout above 1.40 yesterday. As long as this holds, still good to ride the upside as mentioned yesterday. Target would be to 1.46 then 1.50. ;)

Sent: Thursday, April 16, 2015 12:25 PM
Subject: ****************** Yangzijiang: Breaking above 1.40 psychological resistance can see more strength, price 1.405

Following up from previous call, Yangzijiang has indeed stage a breakout above the 1.40 level. Any clearing of sellers at 1.41 – 1.415 would serve as a confirmation. This can be the start a new upwards phase towards 1.50 as mentioned previously. All 3 moving averages pointing upwards firmly with longer term uptrend intact. 20 DAY MA line also surging upwards on today price action. As long as 1.39 0 1.40 holds as the support,s till good to go to ride more upside, raise stop loss at 1.385 now J