Saturday, March 29, 2008

Update on Yanlord 29 March 2008




What a move by Yanlord! I wasn't paying attention to this stock because it is a property counter and I thought property counters were gone cases! What a miss!

In any case the move may be at an end for Yanlord. Already broken the 25 day MA and will likely get limited by the 50 day MA which also corresponds to the 61.8% (point of reversal not retracement if breached) fibonacci level at $2.40-$2.45

HCR is $2.58-$2.85

Nevertheless this shows the broad based strength of the S-shares during this week's rally.

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