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Yangzijiang Shipbuilding ST: watch 0.75.
Trading Central | 2019-08-29 09:03:00

Short positions below 1.04 with targets at 0.85 & 0.75 in extension.

Pivot: 1.04

Our preference: short positions below 1.04 with targets at 0.85 & 0.75 in extension.

Alternative scenario: above 1.04 look for further upside with 1.12 & 1.22 as targets.

Comment: a break below 0.85 would trigger a drop towards 0.75.

Supports and resistances:
1.22
1.12
1.04
0.92 Last
0.85
0.75
0.62

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 08-29-2019 at 11:03 UTC+1
Price reference: 0.92 last known on 08-29-2019 at 11:03 UTC+1
Investment horizon: ST

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