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Stock Chart: Yanlord, Starhub!
By Dou  •  September 24, 2011

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 ...

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By Dou
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