Yangzijiang: More downside as mentioned yesterday?

Hit a low of 1.155 today before rebounding! Let’s see

Sent: Wednesday, November 11, 2015 9:51 AM
Subject: ************** Yangzijiang: Weakness below 1.20 support.... CFD SELL potential... price 1.19

Yangzijiang has failed to stay above the 1.20 support level after holding above it for more than a month. Breaking below can see some weakness as we start to see the 20 day MA line reversing downwards again. CFD sell can be used to ride any downside to 1.15 then 1.10 if it maintains below 1.20 resistance now. BUY STOP at 1.215. Indicators are starting to turn downwards on today’s price action. As long as 1.20 is a resistance, we are short term bearish.