Chart Source: Poemsview 12th April 2019
Yzj Shipbldg part of the STI component stock has moved up quietly in the recently weeks without having much attention as micro pennies and property stocks overshadowed this counter.
So is it time to enter this stock or is it time to abandon ship? Well let’s take a closer look at the chart before deciding our move.
- Yzj Shipbldg has moved up 7 days already and might need a little rest.
- It has hit the upper trend line resistance will it breakout from here? What are the odds after running up so many days.
- It is currently supported by the 5ema, a break below that might see more downside.
What’s your trade plan for Yzj Shipbldg like?
Is Yzj Shipbldg about to move on to its next move or will it take a break and start to pullback before another move? It is important to plan your trade and have a sound and actionable trade plan.
Are you ready for what will happen to this stock?
Want to know more about Yzj Shipbldg? Drop us a message and we’ll be glad to discuss more.