Yangzijiang had rebounded and stood above 61.8% fibo. Retracement before last week closing. This is an encouraging sign where the lower price in fact did not caused MACD histogram to hit lower bottom. In another word, there is a possibility that a divergence of reversal may happen. If we can see green MACD histogram on following days then most probably a short term rebound are expected. When above mentioned happen this week, we suggest that enter at this level with a protective stop a tick below Friday low will be best strategy for Yangzijiang at this moment.
