_MK_Watcher_
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It seems directionless and hanging up there. This 'towel' still wet, waiting for it to dry before flying. It just lack of strong wind and storchy sun.
B_in_B
OP
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The resistance 53.5 is strong. If closing today at 53 is good enough!! let's see. price and volume are reduced so far so waiting for more good news at this level.
$YZJ Fin Hldg (YF8.SG)$A short pause is good before further ascend. The stock is good in the long term. It would not be affected by Trump's tariff as the company is in finance and not in the export business (especially export to US). Further loosening of the monetary policies by China government would benefit YJZ financial. The bullish uptrend of this stock will continue.
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Deep Sea
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Price correction is expected before going up again. Healthy correction is good for the stock. Currently, RSI is 82 which shows overbought. I will buy back on next opportunity.
_MK_Watcher_
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The volume is getting thinner for the past three sessions, and its price also shows sign of weakness. Technically, from the chart, it seems supported well at 52. Quite believe there are still rooms of rising, but it might be cautionary gradual from this juncture.
$YZJ Fin Hldg (YF8.SG)$ RSI has hit 82 after moving upwards for the past few days. The stock is overbought and we might see some profit taking and correction before going up again. I have sold off my position at 0.53 to lock in my gains for both of my brokerage accounts.
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B_in_B
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friend, please monitor the price movement closely
It has been climbing daily, making HHs and HLs consecutively for the past five sessions. May see some resistance at 55 level and pull back briefly from there, or the surge continues towards 60?
$YZJ Fin Hldg (YF8.SG)$53¢ is one of major resistance, once it breaks out it might be charging towards 60¢ soon, however one should not fix the eye balls at 69¢ max this year alone. Beyond 69¢ say next year onwards we may need to set a new reasonable target. NAV is a good target to set for. Put this figure ~$1.15 at the back of your mind and believe it will happen as the company continues to venture into aggressively expanded regional financial services and m...
$YZJ Fin Hldg (YF8.SG)$Prior to its initial issue, market analyst said that the stock would worth $1.00. However, market sentiment of this stock was bad at that time probably because its business was in China. Things are different now as China stock market is recovering. In addition to this, Singapore stock market is also doing well. China is going to announce greater stimulus measures for its economy in March. With all these favourable factors and YZJ Financial being in a good business sector...
B_in_B
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In normal time or circumstances, this hour of trading the price should ease a bit and pull back a little; however maybe today it is TGIF. Things look different now.
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YZJ Fin Hldg Stock Forum
reach 54c
RSI has hit 82 after moving upwards for the past few days. The stock is overbought and we might see some profit taking and correction before going up again. I have sold off my position at 0.53 to lock in my gains for both of my brokerage accounts.
Beyond 69¢ say next year onwards we may need to set a new reasonable target. NAV is a good target to set for. Put this figure ~$1.15 at the back of your mind and believe it will happen as the company continues to venture into aggressively expanded regional financial services and m...
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