On Thursday, Yanlord re-test the resistance at $1.47 and closed at $1.455 with LOW volume of 1.15 million shares traded.
Both RSI & MACD are bearish as RSI trend downwards.
Important Resistance of Yanlord: $1.47
Immediate Support of Yanlord: $1.395
Currently prices are resisted by 20/50 days MA at $1.47
Since 4/Mar, prices have been consolidating between the resistance of $1.545 and support of $1.395. This is indicates that Yanlord is currently trending sideways.
The support at $1.395 is expected to be strong.
For this recent pullback, do prepare to enter at $1.395 if interested since it is expected to be heavily guard by the bulls. Cut loss once this support gives way.
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