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Yanlord - 2 Sep 2017, Three black crow or uptrend second shoulder in the making?


Yanlord Quick Data

Current Close Price - 1.73
2017 High : 1.99
2017 Low: 1.25
P/B - 0.55
P/E - ~6   (other peer median 7.8x)




Fibo Numbers:
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Yanlord - 1.73 (TP: 1.81-1.82- profit taking pt1) (Buy Price 1.76, Stop-loss 1.64) -



1)Weekly chart showing sigh of head & shoulder forming/. If I am correct the peak of the second shoulder should reach close to 1.91.(Profit taking point 2)



Fibo line (High 1.99, Low 1.29, delta 0.70)
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1.99
1.82 (major Support & resistance) TP1
1.72 (next best) anything break below can go to 1.64
1.64 (stop loss)
1.55
1.44
1.29


There also new on purchase of UEL, which should help Yanlord in long run. Moody has given Ba2 rating


Moody's: Yanlord's strong profit margin and liquidity support its Ba2 rating (16 Aug) 

quoted from capitacube below

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