A bullish setup for Yangzijiang Shipbuilding (BS6) with an engulfing candlestick. The high volume is also a good indicator of the price momentum.
Entry: $1.135
Take Profit: $1.23
Stop Loss: $1.08
RRR: 1.7
As always, happy trading.
Cheers.
P.S. I have not been updating much ever since school started. I am currently specialising in Banking & Finance and I am now learning new methods of investing which I will discuss in the future. This new method is more towards value investing and modern portfolio management. Thank you for being patient and following this blog. Do drop me an email or comment if you have any questions.
