On Monday, Yanlord re-test the support at $1.21 and closed at $1.22 with LOW volume of 0.688 million shares traded.
Both RSI & MACD are bullish as RSI trend upwards.
Important Resistance of Yanlord: $1.29
Immediate Support of Yanlord: $1.21
Currently prices are resisted by 20/50 days MA.
Since 11/Jun, prices have been consolidating between the resistance of $1.29 and support of $1.16. This is indicates that Yanlord is currently trending sideways.
The support at $1.21$1.16 is expected to be strong.
We would suggest buying near the support of $1.21/$1.16 since it will not give way easily. Cut loss once $1.16 breached with high volume.
Stock Chart: Yanlord! is contributed by : Singapore Stock Information Exchange
