Thursday, August 11, 2016

YZJ Shipbldg SGD: Ooooops, even the 0.800 didn't seem to hold, MORE CFD SELL FOR US? price 0.785

It seems like the 0.80 support for YZJ Shipbldg did not hold today even…

Have sent a few note to clients and also students to be cautious of the next potential breakdown below 0.800 previously….

and it just happened today again…. A little faster than expected actually..

Well let’s see what the system says….

We had a BEARISH signal with SELL ENTRY PRICE AT 0.865 about 2 weeks back.

And after a few days the SELL DOWN happened….

Congrats to some students who managed to profit from the downside…..

By the way, some have asked me how LOW can this go?

Well, it’s not for me to decide, we just let the stock take us where it want to take us while we ride and protect, simple….  J

A negative below 0.800 now imho….


Recent Email:

Sent: Wednesday, August 10, 2016 11:52 AM
Subject: ************* YZJ Shipbldg: A break down below 0.85 support can see more selling.... holding above 0.80 for now... price 0.825

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