Yangzijiang just broken the long term up trend support and 200D MA support. This support level is also very close to the 78.6% Fibonacci Retracement Level. If Yangzijiang cannot stay above from the 200D MA support, a trend reversal to down trend is confirmed. Great opportunity to short if Yangzijiang share price drops below $1.68.
See last Yangzijiang analysis HERE – Bull is Missing!
Yangzijiang rebound from the 200D MA support. Heading to test 50D MA resistanc at about $1.86.