Sunday, February 14, 2021

Technical Analysis Feb 2021: YZJ (SGX: BS6)



Yangzijiang Shipbuilding Holdings Ltd 

Observation from Chart: 

YZJ Shipbldg (BS6) forming ascending triangle pattern.

Will it breakout & go higher? 

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

Immediate resistance @ $1.10 level. 
Subsequent resistance @ $1.20 level. 

Immediate support @ $1.03 level. 
Subsequent support @ triangle support level. 

Let's watch closely Disclaimer

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