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Stock Chart: Yangzijiang!
By Dou  •  February 17, 2013

 

On Friday, Yangzijiang re-test the resistance at $0.98 and closed at $0.965 with LOW volume of 10.79 million shares traded.

RSI & MACD are bearish though RSI in oversold region.

Currently prices are resisted by the 20/50/200 days MA at $0.98.

Immediate Resistance of Yangzijiang: $0.98

Immediate Support of Yangzijiang: $0.93

On Friday, prices have re-test the resistance at $0.98 with low buying pressure and failed.

The resistance at $0.98 is expected to be strong.

If always interested in Yangzijiang, do look out for any breakout at $0.98 resistance with high volume. Buy on breakout since it is a sign of reversal of down trend.

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

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By Dou
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