Yanlord
Yanlord appears to be forming a Head & Shoulder pattern. The pattern is confirmed ONLY IF the neckline at $2.2 is broken decisively ( ie: by 2~3% ). Once the pattern is completed, downside target is around $1.51. Incidentally, $1.51 is exactly Fibo 61.8% retracement from Aug 5 high to Mar 3 low.
Labels: Stock Pick
posted by Market Wizards @ September 21, 2009
Comments: 0
