On Thursday, Yangzijiang re-test the support at $0.93 and closed at $0.945 with LOW volume of 4.87 million shares traded.

RSI & MACD are flat as MACD lines converge together.

Currently prices are resisted by the 20/50 days MA.

Immediate Resistance of Yangzijiang: $0.98

Immediate Support of Yangzijiang: $0.93

Since 4/Mar/2013, prices have been well support at the $0.93 level. This indicates that the selling has eased as prices trend sideways.

The support at $0.93 is expected to be strong.

We suggest watching for the pullback to the support at $0.93 as it could be a good entry level.

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