Yangzijiang (technical)

Yangzijiang: Counter looks to be in a short-term uptrend, supported at the $1.05 level, after making recent headway to close above its 52-week high at $1.155. However, uptrend looks to be slowing down with the declining ADX as the RSI approaches the overbought region. Counter has near-term support of $1.155 followed by 1.14, with resistance at $1.19.