Monday, March 29, 2010

Yanlord beckons

The chart of Yanlord looks promising again, and this could be part 2 of the bullish phase of the stock that began since 8 Feb.

Fundamentals: Price Target of 2.30
Major Trend: Sideways
Secondary Trend: Trying to turn up
Fib: 61.8% from 5th Feb to 10th Mar
Candlestick: Bullish Engulfing
Volumes: Moderately high
Stochastics: Oversold

Plan:
Entry Price: 1.89
Stop Loss: 1.80
TP 1: 2.09 (below 2.10)
TP2: 2.19

No comments: