$YZJ Shipbldg SGD (BS6.SG)$ Tonight, usa economic data is ve...
$YZJ Shipbldg SGD (BS6.SG)$ Tonight, usa economic data is very bullish for the dollar, the dollar against the offshore renminbi soared, it seems that next week the Yangtze River is expected to cross the 60-day moving average.
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_MK_Watcher_ : The sentiment is slowly aligning. Expecting some movement by reaching and breaking through 258 in the coming sessions.
JJ trader : Bb decide on the direction of movement.
_MK_Watcher_ : Yup, there is probably rotational play by BBy. Once time is ripe, (re)-influxing fund will happen and it has repeatingly happened a couple of times. With the magnitude (>50mil volume) of its historical falls, it really needs solid volume to move the price up.
105421965 _MK_Watcher_ : what is a good entry price?
_MK_Watcher_ 105421965 : Technically, if it trends reversely downwards, 245//242 might be the immediate primary support, under the current market sentiment.
105421965 _MK_Watcher_ : thanks![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
_MK_Watcher_ : Pretty accurate and aligned on the projection for it to touch on 258 this morning. Highly likely it might challenge this level again before we have a better visibility of the direction it wants to go from there.