Reshare: Binni Ong – Yangzijiang reinforces bullish structure following fresh all-time high on strong volume
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On 8 Sep, Yangzijiang shares pushed to a fresh all-time high, with trading volume in the early afternoon already exceeding the 10-day average volume
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This brings the stock’s rally since its 1H26 results on 6 August to 31%. Consequently, Macquarie’s Yangzijiang call warrants have rallied as much as 257% from 6 August to 8 September (note: there are no put warrants available)
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Market Technican Binni Ong believes that the combination of a new high on above-average volume points to strong underlying momentum, especially given that the stock has broken out of the upward sloping channel that has guided the stock higher since March 2026
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Binni shares the stock levels to watch out for from here, as well as when the bullish structure will be invalidated
*This article is sponsored by Macquarie Warrants Singapore. Binni’s view does not represent that of Macquarie’s
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