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Stock Chart: Yangzijiang, Capitaland!
By Dou  •  December 11, 2011

On Friday, Yangzijiang trend downwards and closed at $0.925 with LOW volume of 9.98 million shares traded.

A white candle sticks with no upper/lower shadow affirms that investors are buying on a very bullish sentiment.

RSI & MACD are flat as RSI trend sideways.

Currently prices are supported by 20/50 days MA.

Immediate Resistance of Yangzijiang: $0.975

Immediate Support of Yangzijiang: $0.86

Since 11/Oct, prices have continue to consolidate along the key support at $0.86 and key resistance at $0.975/$1.02.

It seems that the selling pressure for Yangzijiang has eased for the past 3 months.

Watch for any pullback to $0.86 support for entry if interested.

On Friday, Capitaland re-test the resistance at $2.34 and closed at $2.35 with HIGH volume of 25.31 million shares traded.

A falling window occurred (where the bottom of the previous shadow is above ...

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By Dou
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