Yzj Shipbldg – [ Taking In Water, Will It Sink Further?] algo investing.com/wp-content/uploads/2018/10/YZJ.png” alt=”Yzj Shipbldg 11th Oct 2018″ width=”965″ height=”555″ srcset=”http://algo investing.com/wp-content/uploads/2018/10/YZJ.png 965w, http://algo investing.com/wp-content/uploads/2018/10/YZJ-300×173.png 300w, http://algo investing.com/wp-content/uploads/2018/10/YZJ-768×442.png 768w, http://algo investing.com/wp-content/uploads/2018/10/YZJ-600×345.png 600w, http://algo investing.com/wp-content/uploads/2018/10/YZJ-706×406.png 706w” sizes=”(max-width: 965px) 100vw, 965px”>
Chart Source : Poemsview 11th Oct 2018
Yzj Shipbldg succumbed to the downside pressure and came down. It was trending up but even such an uptrend stock needs a break and that break might be now.
Our EXCLUSIVE CLIENTS were alerted on Monday of a potential downside. True enough it came and hit our first target of $1.20. Dow’s 800 points dropped took most of the stock market down with it and yzj shipbldg was not spared.
It is currently being supported by its horizontal support and the 20SMA. If it closes below that we might see more downside to $1.14.
Yzj Shipbldg is one of the more resilient stock in today’s meltdown. But if it can’t hold onto its support we might see further downside.
Our market has been coming down and if you’re still not sure of how to take advantage of the downside then our upcoming seminar is for you. It is important and crucial to know how to SHORT in order to survive such a market.
Come 17th Oct (Wednesday) we’ll be conducting a CFD seminar to share and coach on our Poems CFD the good and common pitfalls of traders using CFD.
Also, we’ll share as a bonus how you can join simply our community where long and short Trading Analysis are shared regularly.
What Are You Waiting For?
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