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Yangzijiang Shipbuilding Holdings, Ltd.Yangzijiang Shipbuilding Holdings, Ltd.Yangzijiang Shipbuilding Holdings, Ltd.

Yangzijiang Shipbuilding Holdings, Ltd.

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YSHLF trade ideas

BS6.SGX_Bullish Breakout Trade_LongENTRY: 1.27 SL: 1.16 TP: 1.35 - ADX>25 - Daily RS +ve - Daily FFI +ve - Weekly RS +ve - Weekly FFI +ve - Moving averages are aligned. - First breakout from range on 22 Sep 2022 with volume before retracement to resistance-turn-support area (1.03) and rebounded with volume on 6 Oct 2022. - Breakout today from ascending triangle pattern. - Entry today based on breakout and >3% rebound off 10EMA with volume. - Watch out for earnings in coming days.
SGX:BS6Long
by TRADER-WANNA-BE
BS6 Analysis (Long-Term) for SGX Stocks 1.40 to 2.50TICKER CODE: B56 Company Name: YANGZIJIANG SHIPBLDG HLDGS LTD Industry: Industrials / Capital Goods / Machinery Position Proposed: BUY Technical Analysis 1. Pennant Pattern (Forming) The market should break out and retrace by the end of 2021 2. Fibonacci Retracement at 0.786 ( Silver Zone) 3. 1st Partial Take Profit will be at Fibonacci Expansion Safe Take Profit, Flagpole Length and somewhere near Key Structure Level (Very likely for price rejection/Pullback) 4. 2nd Partial Take Profit MAY NOT REACH we will need to see if 1st Partial Take Profit Level creates some sort of consolidation to decide on an exit or to hold to that level. 1st Entry: NOW READY (1.40-1.45) 2nd Entry: 0.85 (Based on 2nd Scenario) (End 2025-2026) 1st Partial Take Profit: 2.50 Based on 1st Scenario (End 2022-2023) Based on 2nd Scenario (End 2025-2026) 2nd Partial Take Profit: 3.60 (EST 2029)
SGX:BS6Long
by traderprosignals
BS6 (SGX) - Be Carefull for BearishGreetings Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Our Service : Signal recomendation, Trading Course, Portofolio Consultation for multi asset such as Stock, FX, Derivative, Crypto, etc Strategy - Please care for Money Management - Have a good psychology - Do not be hurry to open position - Evaluate and upgrade your trading plan Analysis BS6 (SGX) - Be Carefull for Bearish
SGX:BS6
by MultiAssetX
YZJ Shipbuilding Entering Support region. we are now entering a historical support range of 0.70 - 0.88 . This is a strong support which has held multiple times in the past (July 2009, September 2016) with a subsequent bounce off this range. Price level in specific i am looking at 0.79 as the crucial support which has been continuously tested but has held for the past 3 days after a bounce from the lows of 0.73. In addition, a bullish divergence is observed on the Daily RSI, with a possible MACD reversal up. This suggest that in the near term, a bullish scenario would see a price reversal at 0.79 towards the upside Fundamentals: Potential Catalyst for upside: YZJ Shipbuilding just secured a deal to build up to 10 Vessels (2 vessels confirmed and 8 more optional) in a contract worth USD$1.15 billion. Cases in China are decreasing with most cases being imported. As the Chinese Government's effort to isolate imported cases and control the spread of COVID-19 kick in, factories and shipyard production will soon normalise and share prices will soon return to pre COVID-19 levels above $1 Potential Downside Risk: Corona Virus Risk still looms over the global economy, with most companies expecting weak Q1 & Q2 earnings. Should the virus situation expand past Q3 2020, we can expect global trade to dramatically decrease, which will likely affect the commencement and subsequent completion of the other 8 vessels on Yangzijiang's order book.
SGX:BS6Long
by jaredlee283
YZJ Rebound in the making..... This stock has been tanking down since the news of its executive chairman has been involved in a investigation by the governmental authorities. From the daily chart, buyers are coming into YZJ, pushing the stock from 15 Aug to 19 Aug. This is a trap for the retail trader to chase YZJ. Based on the hourly chart, sellers are slowly transiting into buyers. We might see YZJ going on a higher high with a trap set at around $1.06 before moving higher. Cut loss at $0.95
SGX:BS6Long
by KIKABOON
YZJ ShipBuilding ($1.40 is an immediate support region)View On YZJ Ship Building WTI Oil (22 May 2019) Back Ground: YZJ is in the strong BEAR momentum since last late Apr. To me, it is more of reducing the excess fat rather than the full-blown sell down. Now it is approaching a decent support region of $1.40 region. The next strong support region (region 2) is 1.20 to 1.30. I expect the price shall not go lower than the region 2. Target(s): Late to short, early to long. SHTF: NA DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
SGX:BS6
by SonicDeejay