13 Jun '12, 4pm
Stock Chart: Yanlord!
On Wednesday, Yanlord broke the critical resistance at $1.10 and closed at $1.14 with HIGH volume of 14.44 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 as RSI trend upwards. Important Resistance of Yanlord: $1.215 Immediate Support of Yanlord: $1.10 Currently prices are supported by 200 days MA at $1.10. Prices have broken a critical resistance at $1.10 with high buying volume today and this is a bullish signal. The resistance at $1.215 (100 days MA) is expected to be strong. Although prices have breached the resistance at $1.10 with high volume but the high upper shadows spells profit taking. If you are vested in Yanlord, do watch for any selling … Read the full article → Related posts:Stock Chart: Yan...