On Wednesday, Yanlord broke the critical resistance at $1.10 and closed at $1.14 with HIGH volume of 14.44 million shares traded.
Three white candles occurred in the last three days. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.
Both RSI & MACD are bullish as RSI trend upwards.
Important Resistance of Yanlord: $1.215
Immediate Support of Yanlord: $1.10
Currently prices are supported by 200 days MA at $1.10.
Prices have broken a critical resistance at $1.10 with high buying volume today and this is a bullish signal.
The resistance at $1.215 (100 days MA) is expected to be strong.
Although prices have breached the resistance at $1.10 with high volume but the high upper shadows spells profit taking. If you are vested in Yanlord, do watch for any selling …