Yangzijiang 250408

Although Yangzijiang tested several supports today, it still managed to close above all of them. However, Yangzijiang has also create a Doji today.



Would the pattern be similar to the one create on 2 apr?

If Yangzijiang opens below the 2 uptrend supports (mid light blue, upp green) on monday, and breaks the 1.08 support (green --), we might see Yangzijiang reversing and testing the 1.01 support (red --).

If Yangzijiang opens above the long term downtrend resistance (upp red) on monday, there's a high chance we might see it testing the 1.15 resistance (pink --), or maybe even break it !

For monday :

Support @ 1.10 (upp green), 1.08 (green --), 1.036 (mid green), 1.023 (low light blue), 1.01 (red --)

Resistance @ 1.107 (upp red, mid light blue), 1.15 (blue, pink --), 1.17 (upp light blue)

Good Luck !!