My Weekend Thoughts

1. Yanlord

Trading between $2.14 to $2.63 range. Good entry point on this coming monday would be $2.14, setting a cut-loss price of $2.07 should minimise loss while preserving capital. Watch out for MACD crossover, huge volume, rising RSI and Stochastics should be included.
Exiting at $2.63 from the mentioned entry price should bring a tidy profit of 22.89%
Monitor this counter the next few trading days.

2. Yangzijiang

Good entry price at $0.895. Set cut-loss at $0.83 should the market turn nasty. First expected target price of 61.8% fibonacci retracement at $1.05, second target of 50% at $1.13, third target of 38.2% at $1.21. My RSI of 14 days has shown positive growth in the oversold region accompanied by a whopping 19.6 million volume. Friday's candlestick showing a doji sign, but, starting to move away from the lower bollinger band.


Note * This is not an inducement to trade. The publisher is not responsible for any losses or gains incurred.