Yanlord=$2.22 (3rd Target $2.17 reached, take profit)
Sponsored Links
Showing posts with label Yanlord. Show all posts
Showing posts with label Yanlord. Show all posts
Monday, June 1, 2009
Yanlord - Reaches 3rd target take profit
Yanlord=$2.22 (3rd Target $2.17 reached, take profit)
Thursday, May 28, 2009
Wednesday, May 13, 2009
Monday, May 4, 2009
Yanlord is reaching 2nd target - Ready to sell
We called a buy when it brokeout 200DMA at $1.25 on 2 Apr. Now it is nearing the 22 Sep 2008's High of$1.53.... Take profit first.
Thursday, April 2, 2009
Friday, March 20, 2009
Yanlord - take profit
Yanlord = $1.00. Since the breakout on 13 Mar, it has gone up 20%.... Consider taking profit
Tuesday, March 10, 2009
Sell CSM Chartered, Yanlord, Midas
Chartered Semiconductor (CSM SP; S$0.205) – SELL
• Still stuck in a sideways trend. When it broke below its 30-day SMA, it was already showing signs of weakness. The long black candle is bearish as well.
• The support at S$0.175-0.18 is likely to be tested soon. Breaking below could send the bulls into hiding.
• Daily MACD is negative and so is its RSI.
• Changing to a sell call with a downside target of S$0.175-0.18 for now. Upside is likely capped by its S$0.255 and S$0.30 resistances.
Chartered Semiconductor Manufacturing Limited provides comprehensive wafer fabrication services and technologies to semiconductor suppliers and manufacturers of electronic systems. The Company also produces digital logic, analog, and memory chips for applications as multimedia, communications, computing, and networking.
Yanlord Land (YLLG SP; S$0.74) – SELL
• In the short term, the stock is likely to trade within its downtrend channel. As it is also below its 30-day SMA, the stock could continue to ease to test support at S$0.67-0.685 next. The following support is at S$0.60-0.62.
• Technical indicators are showing mixed signs. MACD has confirmed its golden cross but its RSI stayed negative.
• Sell into strength for now with resistance seen at S$0.80-0.83. Only breaching these two resistances that the stock could turn bullish again. Buy only on breakout above the S$0.83 support. Otherwise, traders should sell and stay out for now.
Yanlord Land Group Ltd is a real estate development company. The Company develops high-end residential property projects in the Peoples Republic of China.
Midas Holdings (MIDAS SP; S$0.395) – SELL
• It has fallen below its descending consolidation triangle. We continue to remain bearish on the stock despite the short bounce recently. It could retest the recent low of S$0.33 again soon. Breaking below could see the stock fall to S$0.28-0.29 levels next.
• Both indicators remained negative. The RSI has now turned neutral from its oversold position suggesting that there is room on the downside afteryesterday’s hook down.
• Any rebounds should be seen as opportunity to get out. Resistance is seen at S$0.41-0.435 and S$0.475.
Midas Holdings Limited designs, manufactures, and installs polyethylene (PE) pipes. The Company also designs and manufactures aluminum alloy extrusion products.
• Still stuck in a sideways trend. When it broke below its 30-day SMA, it was already showing signs of weakness. The long black candle is bearish as well.
• The support at S$0.175-0.18 is likely to be tested soon. Breaking below could send the bulls into hiding.
• Daily MACD is negative and so is its RSI.
• Changing to a sell call with a downside target of S$0.175-0.18 for now. Upside is likely capped by its S$0.255 and S$0.30 resistances.
Chartered Semiconductor Manufacturing Limited provides comprehensive wafer fabrication services and technologies to semiconductor suppliers and manufacturers of electronic systems. The Company also produces digital logic, analog, and memory chips for applications as multimedia, communications, computing, and networking.
Yanlord Land (YLLG SP; S$0.74) – SELL
• In the short term, the stock is likely to trade within its downtrend channel. As it is also below its 30-day SMA, the stock could continue to ease to test support at S$0.67-0.685 next. The following support is at S$0.60-0.62.
• Technical indicators are showing mixed signs. MACD has confirmed its golden cross but its RSI stayed negative.
• Sell into strength for now with resistance seen at S$0.80-0.83. Only breaching these two resistances that the stock could turn bullish again. Buy only on breakout above the S$0.83 support. Otherwise, traders should sell and stay out for now.
Yanlord Land Group Ltd is a real estate development company. The Company develops high-end residential property projects in the Peoples Republic of China.
Midas Holdings (MIDAS SP; S$0.395) – SELL
• It has fallen below its descending consolidation triangle. We continue to remain bearish on the stock despite the short bounce recently. It could retest the recent low of S$0.33 again soon. Breaking below could see the stock fall to S$0.28-0.29 levels next.
• Both indicators remained negative. The RSI has now turned neutral from its oversold position suggesting that there is room on the downside afteryesterday’s hook down.
• Any rebounds should be seen as opportunity to get out. Resistance is seen at S$0.41-0.435 and S$0.475.
Midas Holdings Limited designs, manufactures, and installs polyethylene (PE) pipes. The Company also designs and manufactures aluminum alloy extrusion products.
Wednesday, March 4, 2009
Yanlord = $0.725 (if $0.725 can hold may rebound towards yellowline)
And the yellow is $0.85. But only if $0.725 can hold.
Tuesday, February 10, 2009
Technically Sell Gallant Venture, Sell China Hongxing Sports, Buy Yanlord Land
Gallant Venture (GALV SP; S$0.10) – SELL
• Yesterday sharp break below its 30-day SMA is bearish for the stock in the immediate term. The long black candle adds to the bearishness.
• Undoubtedly, indicators would be negative with the MACD confirming its dead cross while RSI hooked down sharply.
• Expect a retest of its recent low of S$0.06 soon. The support at S$0.08 is weak. Resistance is seen at S$0.11 and S$0.14. Sell.
China Hongxing Sports (CHHS SP; S$0.19) – SELL
• The stock has stayed below its 30-day SMA for a long while now. Resistance is at S$0.20 and S$0.23.
• Technical indicators mixed right now with the MACD being negative but RSI is flat.
• The stock is likely to test its S$0.175 support now that it is below the S$0.195 level. A break below the S$0.175 is very bearish for the stock. The stock remains a sell for now.
Yanlord Land (YLLG SP; S$0.935) – BUY
• Breakout of its long term resistance trend line is bullish for the stock. As we mentioned earlier, a pullback was likely after the RSI rises above the 70pts mark.
• Positive daily indicators are still supportive of further gains. As long as the stock stays above the trend line from the October lows (at S$0.91), there is a good chance that it can still rally.
• Upside resistance is now at S$1.11 and S$1.29 while support is at S$0.91 and S$0.76. Buy now with a stop below the S$0.91 support because a break below that level is bearish for the stock. Maintain buy for now.
• Yesterday sharp break below its 30-day SMA is bearish for the stock in the immediate term. The long black candle adds to the bearishness.
• Undoubtedly, indicators would be negative with the MACD confirming its dead cross while RSI hooked down sharply.
• Expect a retest of its recent low of S$0.06 soon. The support at S$0.08 is weak. Resistance is seen at S$0.11 and S$0.14. Sell.
China Hongxing Sports (CHHS SP; S$0.19) – SELL
• The stock has stayed below its 30-day SMA for a long while now. Resistance is at S$0.20 and S$0.23.
• Technical indicators mixed right now with the MACD being negative but RSI is flat.
• The stock is likely to test its S$0.175 support now that it is below the S$0.195 level. A break below the S$0.175 is very bearish for the stock. The stock remains a sell for now.
Yanlord Land (YLLG SP; S$0.935) – BUY
• Breakout of its long term resistance trend line is bullish for the stock. As we mentioned earlier, a pullback was likely after the RSI rises above the 70pts mark.
• Positive daily indicators are still supportive of further gains. As long as the stock stays above the trend line from the October lows (at S$0.91), there is a good chance that it can still rally.
• Upside resistance is now at S$1.11 and S$1.29 while support is at S$0.91 and S$0.76. Buy now with a stop below the S$0.91 support because a break below that level is bearish for the stock. Maintain buy for now.
Subscribe to:
Posts (Atom)
