Shares & Derivatives
This stock has advanced 38% since March 2015, will it still advance?
By Singapore Stocks Investing (SSI)  •  April 28, 2015
Ying Li International stock reached a low of $0.20 and yesterday, the stock closed at $0.275, a 38% increase in its stock price since. Will the stock price of this property company with property portfolios in Chong Qing, Beijing and Singapore continue to advance next? Ying Li International is one of the S-chips in Singapore and a few of the S-chips here to have attracted an investment from premium China investors, for Ying Li, it is China Everbright. The strong volume and showing in Ying Li stock yesterday corresponds with the performance of another S-chip property play in Yanlord Land stock. Hence it could suggest that China property plays are in vogue now. Ying Li stock price has broken north beyond a resistance level of $0.26 and the next price resistance to watch is $0.285. Currently, Ying Li stock is overbought and is trading at 0.......
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By Singapore Stocks Investing (SSI)
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