Saturday, October 16, 2010
Yanlord day 5
This is daily chart of yanlord. On 11th October yanlord hit a low of 1.63, about 109 day later from 7th May bottom, with a double bottom. Back in mid-September, yanlord 100ma failed to support 1.77 level and price went down all the way to 1.63 low on 11th October before rebounding...
Wednesday, September 15, 2010
Yanlord day 10
Saturday, September 04, 2010
Yanlord day 4
This is daily chart of Yanlord. On 31th August Tuesday, 44 days later after 30th June bottom, yanlord hit a low of 1.74 and started to go up. It is about 81 days from 7th May bottom when a higher low made on 31th August...
Thursday, September 02, 2010
Noble day 15
This is daily chart of Noble. As expected in the previous post, noble has been trading between 1.68 and 1.54. On 27th August, 11 days later from 13th August bottom, noble has done its backtest and continue to challenge next resistance...
Wednesday, September 01, 2010
NOL day 6
This is daily chart of NOL. As expected on the previous post, NOL is having a difficult times with 1.92 support. On 25th August, NOL hit a low of 1.89, about 65 days later from the May bottom. NOL needs to clear several resistance before any significant rally can start. Which way will NOL move in September?
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