On Thursday, Yangzijiang broke the support at $0.85 and closed at $0.845 with LOW volume of 8.51 million shares traded.

RSI & MACD are bearish as RSI trend downwards.

Immediate Resistance of Yangzijiang: $0.85

Immediate Support of Yangzijiang: $0.77

Currently prices are well below 20/50/100/200 days MA.

Since Jan 2013, prices have been trending downwards forming a lower high and lower low. This is a bearish signal.

The support at $0.77 is expected to be strong.

Today prices have broken the critical support at $0.85 with low volume. Prices must recover back above this level within the next few sessions else selling pressure will be triggered and prices will trend further downwards.

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