Yangzijiang Shipbuilding Ltd: 19 May 2014, Sunday, 10.10pm Singapore Time

Yangzijiang Shipbuilding Ltd: 19 May 2014, Sunday, 10.10pm Singapore Time

Chart courtesy of Chartnexus.com

All illustrations of Yangzijiang Shipbuilding Ltd as highlighted above in chart.

There was a massive re-distribution of stocks to the retailers.

At the end of this Bear Market, if the entire price structure plays out according to scripts, 

Yangzijiang will end up at 25cents.

Based on current price of $1.115,

with price target of $0.25,

this represents a downside of -77.6% downside 

for 

Yangzijiang Shipbuilding Ltd.

Donovan Norfolk Ang Technical Rating:

Bearish with High Downside
(Sell/Short at the Zones above)

(Bearish also on all international stocks and equities)

All past Yangzijiang analyses:
http://donovan-ang.blogspot.sg/search/label/Yangzijiang

Donovan Norfolk Ang

Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 

if you would like to start a discussion about it with friends on your Facebook Wall.