Yanlord Land    Last:0.475    +0.005

Yanlord Chart Updates

Agreed. Chart dont have any positive indication to go in.

Patience needed. 

star-trader      ( Date: 29-Sep-2010 20:39) Posted: My advise.. don't gan cheong to go in first... :) observe.. my personal view.. my previous post.. -> http://www.sharejunction.com/sharejunction/listMessage.htm?directAccessMessageID=332515#MID332515 Star-Trader

 

My advise.. don't gan cheong to go in first... :) observe.. my personal view.. my previous post.. -> http://www.sharejunction.com/sharejunction/listMessage.htm?directAccessMessageID=332515#MID332515

Star-Trader

 

 

Yanlord Testing Potential Reversal Zone

 

Yanlord is testing the red bold rectangle potential reversal zone. A successful rebound within this zone will probably propel price towards the blue upper channel resistance at around $1.80 and may retest the higher resistance of the red band at about $1.90

Support failure of the red rectangle zone will probably find new support at one of the potential dotted support lines as indicated on the chart.

View chart at http://tactcharts.blogspot.com/2010/09/yanlord-testing-potential-reversal-zone.html

 

Yanlord Gravestone Doji Double Inside Day Compression

The double inside day compression pattern denotes a potential breakout scenario. Take cue from the direction of the breakout. Upward breakout will result in a rebound from the immediate support of the dual upper boundaries of the blue channel and challenge the orange resistance zone. If the orange resistance zone is cleared the red bold dual resistance band will be tested.

Conversely, a downward breakout will demolish the immediate support of the upper boundaries of the blue channel and test the red dotted band support zone. If further weakness persists support will most probably be established at one of the following support zones:

1. Lower support boundaries of the blue channel

2. Green trendline support

3. Congestion rectangle 1.59 to 1.56 range support

4. Double bottom buffer zone

View chart at http://tactcharts.blogspot.com/2010/08/yanlord-gravestone-doji-double-inside.html

 

Yanlord Falling Towards Major Support

Doji candlestick has broken the lower red channel immediate support. Orange bull support zone preparing for high probability bear attack. Support failure here will move bull defences to the lower supports of the blue, lavender and green channels.
Stay alert as bears continue their downward march.

View chart at http://tactcharts.blogspot.com/2010/05/yanlord-falling-towards-major-support.html