YZJ SHIPBLDG SGD Stock Code BS6.SGX
Outlook
Price was capped by its support-turned-resistance zone, which is also coinciding with the upper Bollinger band. The RSI is falling from the overbought region, hinting at possible decline ahead. These could increase chances of the stock price violating the 20MA support to move lower.
Strategy
US$3.43 Sell
US$3.16 Price Target
US$3.55 Risk Management Stop
3 weeks Trade Duration
