Saturday, March 28, 2020

Technical Analysis Mar 2020: YZJ (BS6)


Yangzijiang Shipbuilding Holdings Ltd 

Observation from Chart:

YZJ Shipbldg (BS6) lower high & lower low.

Will it retest downtrend resistance level?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K at BUY call itinerary.

Immediate resistance @ SGD0.90 level.
Subsequent resistance @ SGD0.92 level.

Immediate support @ SGD0.78 level.
Subsequent support @ SGD0.735 level.

Let's watch closely

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