On Thursday, Yangzijiang re-test the resistance at $0.96 and closed at $0.925 with HIGH volume of 40.58 million shares traded.

A black candle sticks with short upper shadow affirms that investors have no hesitant in selling down the stock.

RSI & MACD are bullish as RSI trend upwards.

Immediate Resistance of Yangzijiang: $0.96

Immediate Support of Yangzijiang: $0.745

Currently prices are supported by 20 days MA.

Yangzijiang re-test the critical resistance at $0.96 with high volume but failed to breakout.

The resistance at $0.96 is expected to be very strong.

We like to warn investors that Yangzijiang remains bearish as it continue to trend downwards.

However the breakout of $0.96 resistance would signal a reversal and could boost the confidence of the investors.

Stock Chart: Yangzijiang! is contributed by : Singapore Stock Information Exchange