On Wednesday, Yangzijiang re-test the support at $1.235 and closed at $1.25 with LOW volume of 18.32 million shares traded.

During the past 10 bars, there have been 3 white candles and 7 black candles for a net of 4 black candles.  During the past 50 bars, there have been 20 white candles and 27 black candles for a net of 7 black candles.

RSI & MACD are bearish as RSI trend downwards.

Currently prices are resisted by 20/50 days MA at $1.31

Immediate Resistance of Yangzijiang: $1.31

Immediate Support of Yangzijiang: $1.235

Since Feb 2012, prices have been consolidating between the key resistance at $1.405 and key support at $1.235.

The support at $1.235 is expected to be very strong.

For the past 3 trading session, we do not see any heavy selling pressure. Thus we could affirm that ...