$YANGZIJIANG SHIPBLDG HLDGS LTD(BS6.SI)$ YZJ share price has went up after the breakout as per Red line. In short term, yzj should consolidate in the range within the highest (1.31) and the lowest (1.23) of the highest volume recently (as per 2 blue lines). The moving averages (both ST and LT) are arranged in a bullish manner.
Effective* breakdown of 1.23 would mean yzj is turning weak, at least in the short term.
*Effective mean gap down or long bearish candle piercing through.
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