25 Sep '11, 2am
Stock Chart: Yanlord, Starhub!
On Friday, Yanlord re-test the support at $0.76 and closed at $0.78 with LOW volume of 5.99 million shares traded. A white candle sticks with little upper/lower shadow similar to “Doji” affirms that selling pressure has eased. Both RSI & MACD are bearish as MACD about to “cross down”. Important Resistance of Yanlord: $0.83 Immediate Support of Yanlord: $0.76 Currently prices are well below 20/50/100/200 days MA. On 22/Sept, prices broke the critical support at $0.83 with heavy selling pressure and re-test the support at $0.76 the next day. The minor support at $0.76 is not expected to be strong. Due to the long term bearish trend for Yanlord, we would suggest to buy only on breakout of $0.83 resistance. On Friday, Starhub broke the resistance at $2.91 and closed at $2.92 with HIGH volume of 3.61 million … Read the full article → Related posts:Stock Chart: Noble Grp, Midas!...