Wednesday, 13 June 2012

Singapore Stock Tip: Yanlord going crazy but may have temporarily stopped

This is a stock that our graduate has mentioned. Let us study this stock carefully.

Yanlord may have reached a resistance at the "Law of Gravity of Price" of $1.20 after our friend, Chin Hiong mentioned that he bought it at $1.04.

See today's price of $1.18 is reached? Today it close at $1.14

Did you see a lot of people selling at $1.18, a spike in volume intraday? Not a good sign today.


Temporarily a rest is needed now. But can we look at this stock again in future?

Yes, preferably when it comes back up to $1.19. I would normally prefer for this stock to go beyond $1.23. But for speculators, you may want to get in earlier. If at $1.20 it still has a resistance, please exercise your stop loss at $1.15.

958 Interview June 28, 2018: Wallstreet is just using "Trade War" as an Excuse for the Fall! (Translated to English using Google Translate)

          Wallstreet is just using "Trade War" as an Excuse for the Fall! Last night Dow Jones fell 165 points to close at  2...