SG Technicals - Yangzijiang Shipbuilding (YZJSGD SP, BS6) - levels; update
Although YZJ was stopped out by 2 ticks (S$1.10 vs actual low S$1.09), the stock has recovered and currently back to the 50-day SMA.
A breakout of the 50-day SMA could see further upside, and would increase the odds of retesting S$1.23
MACD indicator has hooked up instead of forming a bearish crossover for now.
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