Chart Source: Poemsview 2nd May 2019
Yanlord has seen a rise due to the better than expected home sales in china. After such a strong run some retracement might be healthy for a stock.
It broke below the 20ema but managed to stay above it at the end of day. On the other hand it is currently below the short term uptrend line. So far the 20ema acts as the support and if Yanlord closes below that then we might see further downside to the next uptrend support line.
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