Sunday 24 April 2011

SGP - Yanlord (Z25)


Yanlord - 4/23/2011
 - Still restricted by its down trend line
 - All indicators are brearish
 - It has more selling pressures compared to buying pressure
 - It could be testing the level of 1.48/1.49, the neck line of the mini double bottom
 - If 1.48/1.49 cannot hold, it will invite more shortist to push it further downward
 - In general, yanlord seems to be more bearish in the coming week

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