Yangzijiang: Break Long Term Up Trend Support?

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!

This Post Has One Comment

  1. Marubozu

    Yangzijiang rebound from the 200D MA support. Heading to test 50D MA resistanc at about $1.86.

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