Yangzijiang Shipbuilding: 9 August 2019, Friday

Yangzijiang Shipbuilding:

9 August 2019, Friday
(Click on the Technical Chart Above to Expand)

Attached is the updated Technicals for Yangzijiang.
All illustrations are self-explanatory as highlighted on chart.


DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Yangzijiang Shipbuilding as Illustration of the kind of Bull Market The World is Cruising On: 6 January 2018, Sunday, 12.02pm Singapore Time

Yangzijiang Shipbuilding: 

6 January 2018, Sunday, 12.02pm Singapore Time

(Click on Technical Chart above to Expand)

Attached is the Technicals of Yangzijiang Shipbuilding, with all my track records illustrated at the circled regions (click on chart to expand and study in detail). This analysis was shared previously among the most inside circles among my groups. Yangzijiang Shipbuilding has since gone up by yet another +3.25% last Friday, 4 January 2019. Read on to learn on the wider market implications which could be litmus-ed out by such a blue chip shipbuilding company that is highly sensitive to international boom-bust cycles.

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 and Super-cycle backtests). We are now approaching ACCELERATED MAJORITY GAINS of market cycle from 2019 on. 

2. Yangzijiang has completed Super-Cycle Breakouts, Back-tested the Critical Resistance-Turned-Supports as illustrated in GREEN CIRCLED REGIONS, and any dip is a buy in the markets -- not the fear-mongered sells. It has been given green light to go for $3.00 and beyond $3.00 respectively. This will give a multi-bagger returns from my below $1.00 buys (refer to past time-stamped analyses). 

3. You can be sure 95% herd are still bearish, calling for bear market, calling for recession and calling for crisis. We are in super-cycle bull market of a life time. All stocks worldwide are walking along this kind of Super Bull of a Lifetime. When ship-builders achieve critically bullish breakouts in price structure, it means worldwide bull is at just the half-way mark of an expansionary cycle (go read up on economics or learn from people who have more than 17 years of experience, i.e. more experienced than me, and you will get the same answer, though unfortunately there are not many such selfless people around).

【Do not follow the herd shouting for bear market or drawing bearish charts: the bull market still has another at least 3-5 years of multi-bagger upmoves to come. We are at just mid-cycle of Secular Bull】

Donovan Norfolk Ang

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.】

Donovan Norfolk Ang

The True Picture of Yangzijiang Shipbuilding: 6 November 2018, Tuesday, 2.27pm Singapore Time

The True Picture of Yangzijiang Shipbuilding: 

6 November 2018, Tuesday, 2.27pm Singapore Time

(Click on Technical Chart above to Expand)

Today, I am going to point out certain facts (Universal Truths) about Yangzijiang Shipbuilding:
1. It has made the Very Long Term Resistance Band the Very Long Term Support Band now.
2. It has reinforced the Very Long Term Blue Support Band as strong Support Band now.
3. Actions 1 and 2 are used together with green circled region's backtest for major upmoves, in this case, the 2 actions are used to confirm for break-up of black resistance trendline, brewing for Super-Cycle upmove.
4. This is in sync with Super-Cycle large upmove in worldwide markets. Another minimum of +100% profits can be expected from here for Yangzijiang longs.
5. 90% of market herd representing market fools or fools' monies are clueless, cautious, bearish, recessionary in view and warning of bear market and market crisis worldwide. This is the brilliance of global market movements so far.
6. When Shipbuilding Industry is just switching from winter into newfound spring, global markets are just at halfway mark.
Lastly,
【Don't be a fool and follow the herd shouting for bear or drawing bearish charts-- cluelessly like a headless chicken.】

Donovan Norfolk Ang

Yangzijiang Shipbuilding: 13 August 2018, Monday, 4.30pm Singapore Time

Yangzijiang Shipbuilding: 

13 August 2018, Monday, 4.30pm Singapore Time

(Click on Technical Chart above to Expand)

Attached is the Major Wave Technicals for Yangzijiang Shipbuilding, an STI Index Component Stock (Blue Chip) that is listed in the Singapore SGX (SGX: BS6). Yangzijiang has broken up the black trendline resistance as illustrated in light green circled region. This breakup of resistance follows the successful backtest of fibonacci 78.6% retracement support. The was achieved with high volume flow, i.e. where smart monies would like to end the correction. The volume flow is an exact duplicate of the breakout in end-2016 which spurred a more than 2x rally. Yangzijiang will attempt to spur another 2x rally from here.  See the pattern recognition region as illustrated on chart (light orange arrows).

Next target: $2.00.

Donovan Norfolk Ang

Yangzijiang Shipbuilding (Advanced Technical Analysis): 16 May 2017, Tuesday

Yangzijiang Shipbuilding: 
16 May 2017, Tuesday, 10.15am Singapore Time
(Click on the Chart to Enlarge)

Attached above is the advanced technicals for Yangzijiang Shipbuilding. The green region is my live warnings in 1H-2016 and 2H-2016 to scoop up risk-on stocks such as cyclic stocks and penny stocks, forewarning that smart money volume flow reflects a bullish inflow into these stocks all over the world. Yangzijiang is going towards the +100% profit mark (http://donovan-ang.blogspot.sg/2016/09/yangzijiang-technical-analysis-6.html) and it is still far away from my eventual target now. This is the reason why, and if you want to pick up advanced technical skills, do read in detail and digest fully: There is a break-up of the symmetrical triangle followed by shake-down below symmetrical triangle followed by break-up of the blue flag, all done just below the multiyear high. This means smart monies and hot monies like this stock, do not want you to like it yet, and will rally it way beyond $1.48. A new multiyear high is expected now.

Donovan Norfolk Ang

Yangzijiang Shipbuilding: 4 April 2017, Tuesday, 8.59am Singapore Time

Yangzijiang Shipbuilding: 

4 April 2017, Tuesday, 8.59am Singapore Time

High volume bull flag breakup.

Expected to super rally per my warnings in 2H-2016 to scoop up cyclic stocks.

Donovan Norfolk Ang

Yangzijiang Technical Analysis: 6 September 2016, Tuesday, 12.35am Singapore Time

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.)

Donovan Norfolk Ang

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

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Yangzijiang Shipbuilding Ltd: 13 April 2014, Sunday, 9.29pm Singapore Time

Yangzijiang Shipbuilding Ltd: 13 April 2014, Sunday, 9.29pm 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 $1.10,

with price target of $0.25,

this represents a downside of -77.3% 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)

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.