Advice on Technical Analysis on SGX Stocks, how to trade it with japanese candlesticks..and trade with other parameters to gauge the direction of a particular stock if it is uptrend or downtrend..Of course this is only my personal view with disclaimer on my website. "To check Disclaimer, it is on the left top of the website here"

Sunday, May 9, 2010

Yanlord Properties Technical Analysis and Candlesticks

Yanlord Properties, last week's candlestick showing Bullish Piercing Line Pattern which might shown a high confirmation on the potential of reversal signal on uptrend.

This is also confirmed with another parameter, OBV but any global directions will push the share price down a little bit , but in very short term, this will be uptrend signal.

So definitely a lookout for this tomorrow.

SOBAYOR,
Star-Trader

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