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Dear Readers,
Prices of YZJ continued its slide after initiating a technical buy on the counter back on the 5th of October 2021. The price seems to have bounced off the low at c. $1.21, after the company announced their results. Their profit margin was impacted negatively by the power shortages in China. Investors took this negatively and sold down the counter after their results were released.
Technically, the price seems to have found its low around $1.21 and rebounding. As of today, YZJ closed $1.28.
Continue to hold on to position as time frame for the initial position was 3 months.
Link to article below:
