Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.

Friday, September 28, 2012

Yanlord Bullish Above 1.225

Yanlord rebounded from its 20 and 200ma yesterday and closed just above all its three MAs( 20, 50 and 200) and closed at 1.215, just benearth its recent downtrend line. I'm bullish if it CLOSED above 1.225 (resistance, week high).

Target 1.24 then 1.4(161.8% fib)
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