Pages

Pages

Thursday, February 23, 2017

YZJ Shipbldg

YZJ Shipbldg - 23rd Feb 2017

YZJ Shipbldg after touching the low of 80 cents on 22nd Dec 2016, it has since managed to stage a strong recovery and head higher to touch $1.00 today( 23rd Fev 2017). Couple with high volume and closed well at 99.5 cents. This is generally quite positive.



Both Macd & Rsi are still rising which may provide further indication that the share price may continue to trend higher.

Short term wise, I think it may likely retrace and may take a short break before heading higher to re-attempt $1.00. Breaking out of $1.00 may likely heading higher to $1.05 then $1.10.

( trade base on your own decision)

1 comment:

  1. Choice of stocks in which to trade must be made very carefully. As returns depends on performance of stocks. Financial advisors like epic research can give suggestions on which stocks to trade with.

    ReplyDelete