On Wednesday, Yangzijiang re-test the critical support at $1.10 and closed at $1.12 with LOW volume of 21.15 million shares traded.
RSI & MACD are bullish though RSI in overbought region.
Immediate Resistance of Yangzijiang: $1.15
Immediate Support of Yangzijiang: $1.10
Currently prices are well above the 20/50/100/200 days MA.
On 24/Sept, prices broke the critical resistance at $1.10 with high buying pressure. This is a bullish signal.
The support at $1.10 is expected to be strong.
Too late to buy now on the overbought market. In fact, we suggest to sell once $1.10 support give way.
Stock Chart: Yangzijiang! is contributed by : Singapore Stock Information Exchange