Sunday, 18 November 2018
The True Picture of Yangzijiang Shipbuilding: 18 November 2018, Sunday, 5.27pm Singapore Time
The True Picture of Yangzijiang Shipbuilding:
18 November 2018, Sunday, 5.27pm Singapore Time
(Click on Technical Chart above to Expand)
1. As reiterated, 1st half of the bull market runs from 2008-2018 and 2nd half of bull market runs from 2018-2028. Mid point of secular bull: 2018 (for conviction shakeouts)
2. Yangzijiang has consolidated in a large symmetrical triangle and has broken up the triangle of 2008 to 2018; we are now entering into 2nd half of the secular bull market where majority gains are to be made. With the backtest in 2nd green circle, expect Yangzijiang to break up $2.70 historical high and go for breakup of $3.00 psychological resistance.
3. You can be sure 95% herd are either bearish, calling for bear market, calling recession and calling for crisis. We are in super-cycle bull market of a life time.【Don't be a fool and follow the herd shouting for bear or drawing bearish charts-- cluelessly like a headless chicken.】