23 Feb '12, 2pm

Stock Chart: Yanlord, SembMar!

Stock Chart: Yanlord, SembMar!

On Thursday, Yanlord re-test the support at $1.405 and closed at $1.46 with regular volume of 14.11 million shares traded. Three white candles occurred in the last three days. Although these candles were not big enough to create three white soldiers , the steady upward pattern is bullish. Both RSI & MACD are bullish though RSI in overbought region. Important Resistance of Yanlord: $1.51 Immediate Support of Yanlord: $1.405 Currently prices are well above the 20/50/100/200 days MA. For the past 2 trading sessions, bears has attempted to short the prices down below the $1.405 support but failed. The support at $1.405 is expected to be strong. Too late to buy now on overbought market but instead sell once $1.405 support breached with high volume if vested. On Thursday, Sembmar re-test the support at $5.15 and closed at $5.23 … Read the full article → Related posts:Stock Chart...

Full article: http://thefinance.sg/2012/02/23/stock-chart-yanlord-sembmar/

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