Chart Source: (9th Jan 18)
Yzj Shipbldg had a stellar performance this morning. In fact it was the best performing stock in terms of percentage out of the whole STI 30 component.
From the chart we can see that Yzj Shipbldg broke out of its downtrend line and started its run through the day. Volume came in to support the move too.
It hit two of our targets one at 1.57 and the other at 1.59 before taking a short break and closing at 1.58. Our possible next few targets might be 1.64 then 1.70. Protective stops are in place too.
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