Thursday, June 17, 2021

Technical Analysis June 2021: YZJ (SGX: BS6)



Yangzijiang Shipbuilding Holdings Ltd 

Observation from Chart: 
 
YZJ Shipbldg (BS6) forming descending triangle pattern. 

Will it breakout resistance or suppport level? 

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

Immediate resistance @ descending triangle line. 
Subsequent resistance @ $1.54 level. 

Immediate support @ $1.38 level. 
Subsequent support @ $1.32 level. 

Let's watch closely Disclaimer

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