Yzj ShipBldg – [ The Downside Came As Warned, Next Downside Target? ]
Chart Source: Poemsview 25th May 2018
Yzj Shipbldg currently taking a beating, falling close to 10% since our warning post just LAST WEEK for all to see.
We hope that no one was hurt in this downside and instead jumped to follow the trend down.
Yzj Shipbldg has hit our $1 target and failing to stay above it might see more downside.
The current volume is huge and what some may call as climatic volume too. We’ll continue to watch and see if the support holds for it to be valid if not our next downside target might be $0.96.
Report was out from a bank downgrading Yzj Shipbldg which might be one of the reasons for it to be down.
Do trade with care in the coming weeks as the world cup is just round the corner.
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Yours
Humbly
Kelwin&Roy