Shares & Derivatives
Stock Chart: Yangzijiang, Genting SP!
By Dou  •  May 15, 2011

On Friday, Yangzijiang re-test the support at $1.74 and closed at $1.76 with LOW volume of 10.08 million shares traded.

Separating lines occurred. If the lines occur during an uptrend and the first line is black and the second is white then this suggests that the uptrend should continue.

RSI & MACD are bullish as RSI trend upwards.

Immediate Resistance of Yangzijiang: $1.79

Immediate Support of Yangzijiang: $1.74

Currently prices are well below 20/50/200 days MA at $1.79

The support at $1.69 remains very strong as selling pressure on 4/5 May failed to break this support.

In fact, prices have already shown signs of rebound from this support as affirms from the RSI, MACD indicators.

Watch for $1.69 support for entry if interested. On the other hand, watch for $1.79 resistance if vested since it is very strong too.

On Friday, ...

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By Dou
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