Yangzijiang (technical)

Yangzijiang: is hovering around a key level at $0.955. Share price has rebounded from the $0.85 low. If the counter can sustain holding above its 20day MA and 50day MA, that would reinforce our positive view of the near and medium term outlook. The indicators point to a similar conclusion, with RSI above neutral and rising, and MACD still in positive territory. In the immediate term, see $1.00 as resistance, and $0.91 as support.