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