Yzj Shipping came down as we posted last Friday. The upper trend line did act as a resistance and it came sailing down.
It has came down about 4% since entry and is now hovering around the middle trend line. Our eventual target might be around 1.50 which is the upper trend line support. From there we will look at the market conditions again. We’ll also move our trailing stop down to at least 1.605. So the worse case we break even.