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Tuesday, December 24, 2013

Yangzijiang


Update for Yanzijiang 29 Mar 2014 - Yanzijiang is holding up well at the current price of $1.11. All 3 indicators are still pointing upwards which is rather positive. Looking good to attempt to test $1.15 soon. Breaking out of $1.15 with good volume that may drive the share prices higher towards $1.20 then $1.25(trade base on your own decision)



Update for Yanzijiang 29 Mar 2014 - Yanzijiang seems to have bounced off from the low of $1.035 on 18th Mar 2014 and had managed to rise up to $1.075 on 28th Mar 2014. All 3 indicators are showing sign of pointing upwards which is rather positive. Short term it may move up to test $1.11.(trade base on your own decision)


Update for Yanzijiang 22 Mar 2014 - Yanzijiang is rather weak and is more likely to trend lower. All 3 indicators are still pointing downwards which is rather negative. Breaking down of $1.035 may see it goes down towards 99 cents soon.(trade base on your own decision)

Update for Yanzijiang 12th Mar 2014 - Yanzijiang seems rather bearish from TA point of view. All 3 indicators are still pointing downwards which is quite negative. Breaking down of $1.1 may see it goes down towards $1.055 then $1.00.(trade base on your own decision)

Update for Yanzijiang 5 Mar 2014 - Yanzijiang is still on a neutral mode. Both MACD & RSI are showing sign of turning upwards of which is rather positive. It will need to breakout $1.165 with good volume in order to reverse this trend and move up towards $1.18 then $1.22.(trade base on your own decision)

Update for Yanzijiang 28 Feb 2014 - Yanzijiang is on a consolidation pattern as reflected from TA point of view. MACD seems to be tuning upwards which may help to support the prices from going higher. Short term it will need to cross over $1.165 with good volume in order for it to rise up towards $1.22.
(trade base on your own decision) 

Update for Yanzijiang 12th Feb 2014 - Yanzijiang has retreated from $1.24 and drifted all the way down to $1.10 on 5 Feb 2014. It has managed to bounced up from $1.1 to $1.15 today. Stochastic seem to be showing sign of turning upwards which may lend support for the prices to move up to test $1.18 soon. Breaking out of $1.18 with high volume may drive the share prices to move up further to test $1.20 then $1.25.
(trade base on your own decision) 

Update for Yanzijiang 22th Jan 2014  - Yanzijiang has a very good spike up today with a long white soldier couple with good volume which is rather positive.All 3 indicators are turning upwards. Looking good to clear $1.24 and move up to $1.30 soon.

(trade base on your own decision)

Update for Yanzijiang 17th Jan 2014 - Yanzijiang still look good to continue this uptrend.Immediate confirmation signal will have to see if it is able to cross over $1.23 with good volume that will take the prices higher to $1.30 soon.
(trade base on your own decision)

Yanzijiang from TA point of view looks bullish. All three indicators - MACD, RSI & Stochastic are pointing upwards. Expect it to move up to test $1.22 soon. If it is able to cross over $1.22 with good volume then next possible target will be $1.26 then $1.30.
(trade base on your own decision)

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