Yangzijiang Technical Analysis:
6 September 2016, Tuesday, 12.35am Singapore Time
Attached above is the technicals of Yangzijiang, a stock that is listed in the SGX Singapore Market.
The shorting zone and the No Shorts Zone is as illustrated on chart. Yangzijiang is currently on the No Shorts Zone where the downside is limited and rebound-upside from the support band is high.
Instead of shorting markets, one should be looking to buy markets on dip for the rest of 2016 and 2017.
Current Price for Buying:
$0.765
(You should be bullish for 2H-2016 and buying, because most people are bearish and see only gloom ahead. Most people are bearish because they base their decision naively on current news and the already established facts. Markets do not work this way. Markets are forward-pricing.)
Current Price for Buying:
$0.765
(You should be bullish for 2H-2016 and buying, because most people are bearish and see only gloom ahead. Most people are bearish because they base their decision naively on current news and the already established facts. Markets do not work this way. Markets are forward-pricing.)
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