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 …