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1421-1440 of 2078
On Thursday, Yanlord tested its support at $1.78 and closed at $1.78 with low volume of 5.08 million shares traded.
A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow). This usually implies a continuation of a bearish trend. The two candles preceding the falling window were black, which makes this pattern even more bearish.
Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.
RSI & MACD are bearish as both indicators slump downwards sharply.
Important Resistance of Yanlord: $1.86
Immediate Support of Yanlord: $1.78
Currently prices are supported by the technical/100 days MA at $1.78
As the prices fell down swiftly for the past 4 trading days, we would not advise anyone to buy this stock now.
SEE ANALYSIS FOR F&N
We would rather wait to see if the prices could hold at $1.69 than to catch a falling knife now.
YANLORD LAND GROUP LIMITED
UNAUDITED SECOND QUARTER AND HALF YEAR FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2010
Unaudited Group Income Statements for the Period Ended 30 June 2010
2Q 2010 S$’000
Revenue 622,065 qoq +1%
Profit for the period 156,028 qoq +14%
SGX
For the next few days is down trend but the overall long term chart shows up trend. So depending how frequent you trade. People worry this and worry that, US data is showing slow down but STI hit 3000 so what can you say? This one has some big time gambler spinning it, it can go down on good news and goes up on bad....so you decide yourselves.
hmmm. Notice that someone is super pessimistic about this stock.
trying get pple to sell so u can buy it cheap ah???
This one really a tricky one.
Like a time bomb both way , kill enemy and friend./
But still sell, my call
thomas_low ( Date: 25-Jul-2010 16:15) Posted:
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sorry typo 2.00 not 1.20.
thomas_low ( Date: 23-Jul-2010 00:57) Posted:
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Range trading counter.
FearValueGreed ( Date: 16-Jul-2010 23:03) Posted:
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Wa lau, Yanlord $2 is dizzy, sell.
Not making any move till it RIP.
Patience. Cliff Hanger after July.
I dun see how housing price that is 22 times of average annual income in China can sustain such property climate unless the government is part of the hidden hand.
Patience. Petty gains I am not interested. I like big leap forward gains when things are cheap.
The rest pls buy all you like but dun cry baby later on.
I see more upside...chart is good price is as Low said, 1.20 is physcological resistance, very likely to be broken, remember this stock can bring big delta swing in very short period of time, keep close eye. Report is expected to be good.
Hi lowchia,
thanks for your comments, they do add value to this forum. Cheers !
lowchia ( Date: 21-Jul-2010 21:41) Posted:
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On Wednesday, Yanlord breakout of the resistance at $1.91 and closed at $1.98 with high volume of 13.9 million shares traded.
Three white candles occurred in the last three days. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.
Both RSI & MACD are bullish though RSI already at “oversold region”.
Important Resistance of Yanlord: $2
Immediate Support of Yanlord: $1.91
Currently the prices are above the 20/50/100/200 days MA with RSI at oversold region.
It would be too late to enter this counter especially if you are a long term investor.
If vested, do keep a look out for the resistance at $2 and critical neckline at $2.10 respectively.
The neckline at $2.10 is very important as we expect investors to profit take once near that level.
SEE ANALYSIS FOR EZRA
Lastly like what was mention in the chat box yesterday, property stocks especially from China are currently in play. Thus do not be in a hurry to profit take if vested, just set a “profit take margin” and sell once prices drop below that level.
PS: Yanlord earnings report on 10/Aug/10.
Haha .... $2 is almost like given, watch this space and weep if you have sold it....ha ha ha
FearValueGreed ( Date: 16-Jul-2010 23:03) Posted:
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Make no mistake , it is the last chance to jump out.
ok 90cents maybe too greedy.
$1 is definitely worth jumping in.
Lau saiiiiiiiiiiiiiii
At the crossroad ..up or down ?
Seriously $2 is achievable, just wait and see, 90Cents needs a 2nd dip to achieve. Very unlikely in current economic situation with China. If this goes 90C you will not be brave enough to invest in stock anymore.
I shall seek your wisdom...sifu... will keep collecting more of this counter when it goes down. and hopefully i'll have money left to buy some more when it's really $0.90.
Suggest you polish the shoe for half a year before looking if it shines again.
It will break $1 before you even knew it.
$0.90 is the sale worth waiting for
Agree... This has mostly been a $2+ stock until when Chinese govt decide to implement cooling measures to the property market and investors somehow over-reacted... imho... and the stock plunge to $1.50+ at the recent low... simply irrational. Now's back to $1.80+ region. I suppose when the 2Q results are out and when investors realise there's no drastic dip in the profit margins due to the cooling measures this counter will go back up to $2+. Vested.... patiently waiting. With faith... and hope... and lotsa confidence... =D
$2 is on the way.....have faith..my boss say hor not me..
Probably will pull back these few days after seeing a bearish harami candlestick pattern.
http://mystocksinvesting.com/singapore-stocks/yanlord/yanlord-bearish-harami/