On Monday, Yangzijiang re-test the support at $0.92 and closed at $0.92 with LOW volume of 2.35 million shares traded.

RSI & MACD are bearish as RSI trend downwards.

Immediate Resistance of Yangzijiang: $0.96

Immediate Support of Yangzijiang: $0.92

Currently prices are supported by 200 days MA at $0.92.

On 24/Jul, prices have breakout of the critical resistance at $0.92 with high buying pressure. This is a bullish signal.

The support at $0.92 is expected to be strong.

Too late to buy now as RSI already at overbought region. In fact, sell once $0.92 support breached with high volume would be a better idea.

Important News

Oversea-Chinese Banking Corp. (39.SG) 2Q net profit fell 8% to S$597 million from S$648 million a year earlier as expenses rose and the lender set aside more allowances on loans.

Stock Chart: Yangzijiang! is ...