Yzj Shipbldg – [ At Support, Will It Break? ]
Chart Source: Poemsview 6th May 2020
Yzj shipbldg is sitting on its uptrend support line and the 20ema. A break of that might see it move lower to the next support level which we have drawn.
It is currently also resisted by the downtrend resistance line. Which camp are you on? The bulls or the bears?
We’re more inclined towards the downside. Lets watch in the coming days.
If you want to learn how to use Poems CFD to short the markets feel free to drop us a message.
A trader who only knows how to go long and now short has lost half the battle already! So picking up a new skill during this period is critical!
Yours
Humbly
Kelwin&Roy
