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Stock Chart: Yanlord, STX OSV!
By Dou  •  November 12, 2011

On Friday, Yanlord re-test the minor support at $1 and closed at $1.02 with LOW volume of 3.84 million shares traded.

A spinning top occurred (a spinning top is a candle with a small real body).  Spinning tops identify a session in which there is little price action (as defined by the difference between the open and the close).  During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.

Both RSI & MACD are bearish as RSI trend downwards.

Important Resistance of Yanlord: $1.11

Immediate Support of Yanlord: $1

Currently prices are supported by 100 days MA at $1.

Since 13/Oct, prices have been rebound along the key support of $0.95 and key resistance at $1.11.

The support at $0.95 is expected to be very strong ...

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By Dou
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