On Friday, Yanlord continue to trend downwards and closed at $0.865 with LOW volume of 2.38 million shares traded.
A black candle sticks with little upper shadow affirms that investors have no hesitant in selling the stock downwards.
Both RSI & MACD are flat as RSI trend sideways.
Important Resistance of Yanlord: $0.95
Immediate Support of Yanlord: $0.83
Currently prices are resisted by 20 days MA.
Yanlord has been consolidating along the key support at $0.83 and key resistance at $0.95 since 11/Aug.
For the past week, Yanlord has been trending aimlessly under low trading volume which indicates low interest from the traders.
The support at $0.83 is expected to be very strong although we do not advise to long this stock due to its long term bearish trend.
On Friday, NOL re-test the resistance at $1.175 and closed at $1.14 ...
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