Yangzijiang: Symmetrical Triangle

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Currently Yangzijiang is consolidating in a Symmetrical Triangle. Looks like Yangzijiang is finding a good support at 200D SMA (about $1.10).  All 3 Moving Averages are trending up. If Yangzijiang breaks above the triangle resistance, price target is $1.20 but need to overcome $1.155 first.

See previous post of Yangzijiang stock chart and fundamental analysis here.

2014May1-Yangzijiang-800x600

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