Tuesday, March 20, 2018

YZJ Shipbldg: Weakness may return below 1.30.. Price 1.28. System says Bearish?

Just about 2 weeks back, we saw YZJ Shipbldg approaching the 1.30 support level where there were some short covering…

It was mentioned that it could also stage a temp rebound from 1.30 which it did but one would also want to be cautious for more downside below 1.30..

Some target were drawn to the downside also, see what I mean.

Seems like we are seeing the sell down below 1.30 today where downside targets may be playing out…

Want to know how to can tell if a downside move is coming?

Well, we actually had a few Bearish Signals on the system over the past 2 months

Yup, when it was near 1.50.

Have been pushing lower since then with the 1.30 breaking today too… no exits on signal yet…

Find out more about the PTI System in a LIVE WORKSHOP and see the signal live, REGISTRATION OPENED! CLICK HERE.

Seats filling fast!!

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