Shares & Derivatives
Yanlord: Time to Take Profit
By Marubozu  •  February 24, 2013

Yanlord has been on bull trend for the past few months but it is time to take profit or reverse to short the stock after a Head and Shoulders, a reversal chart pattern is formed. Also take note that a “Lower Low, Lower High” down trend pattern started to show on Yanlord chart. Neckline support is at about $1.52.

Also take note that a Bullish Engulfing candlesticks was formed at the support indicate a possible rebound on next trading session. This presents good opportunity to short Yanlord on rebound.

Key Statistics for YLLG

Current P/E Ratio (ttm) 6.3179
Estimated P/E(12/2012) 14.8328
Relative P/E vs. FSSTI 0.6036
Earnings Per Share (CNY) (ttm) 1.2322
Est. EPS (CNY) (12/2012) 0.5250
Est. PEG Ratio 1.3363
Market Cap (M SGD) 3,010.80
Shares Outstanding (M) 1,948.74
30 Day Average Volume 4,685,900
Price/Book (mrq) 0.9669
Price/Sale (ttm) ...
...
Read the full article
By Marubozu
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance