TICKER CODE: Z25 Company Name: YANLORD LAND Industry: FINANCE. REAL ESTATE DEVELOPMENT Position Proposed: BUY/LONG Entry: 1.15-1.20 (NOW BUY READY) 1st Partial Take Profit: 1.55 (SEP 2021-NOV 2021) 2nd Partial Take Profit: 1.70 (EARLY 2022) 3rd Partial Take Profit: 1.95 (JUN 2022-AUG 2022) 4th Partial Take Profit: 2.60 (EARLY 2023) Stop Loss: 0.95 Technical...
1. Trend Analysis Downtrend 2. Chart pattern analysis Channel 3. Indicator Analysis Weekly 50 SMA proved to be a strong indicator for breakout( bullish) RSI high coupled with strong vol (bullish) MACD looks healthy with buyer having a slight lead on seller. 4. Primary Trendline(Yellow) Analysis Past history have always showed a bounce off followed by a...
Adam and Eve is another of my favourite bullish reversal pattern. Yanloard broke above the neckline at 1.35 on 11 Feb and has been consolidating between 1.36 to 1.42 for the past week. The consolidation looks to be a bull flag and I am expecting it would be able to reach a price target of around 1.50 (hmm, just a small profit for now as the adam and eve formation...