On Wednesday, Yangzijiang re-test the resistance $1.08 and closed at $1.04 with HIGH volume of 27.41 million shares traded.

During the past 10 bars, there have been 4 white candles and 5 black candles for a net of 1 black candle.  During the past 50 bars, there have been 16 white candles and 31 black candles for a net of 15 black candles.

RSI & MACD are bullish as RSI trend upwards.

Currently prices are resisted by 20/200 days MA at $1.08.

Immediate Resistance of Yangzijiang: $1.08

Immediate Support of Yangzijiang: $1.02

Since 18/May, prices have started to rebound on the support at $0.93. However there seems to be some issues in breaking the critical resistance at $1.08 as well.

The resistance at $1.08 is expected to be strong.

We would warn that it is too late to buy now. ...