On Friday, Yangzijiang rebound from the support of $1.39 and closed at $1.46 with HIGH volume of 28.14 million shares traded.
A white candle stick with short lower shadow affirms that investors are bullish on the stock and willing to buy up.
RSI & MACD are bullish as RSI perform a strong tick upwards.
Immediate Resistance of Yangzijiang: $1.51
Immediate Support of Yangzijiang: $1.39
Currently prices are resisted by 20 days MA at $1.51.
Prices have managed to rebound on Friday on news of clinching new contracts.
The resistance at $1.51 is expected to be very strong.
Do watch if prices will pullback to $1.39 support for entry since it is a good entry prices.
On Friday, Cosco broke the minor resistance at $1.90 and closed at $1.94 with HIGH volume of 20.12 million shares traded.
A white candle ...
...