Tuesday, December 5, 2017

YingLi - Continue Dropping



Yingli continues it's drop with more sellers today. I think there is more downside to this stock where it might tank below the 0.142 level to reach a level between 0.137-0.140. Looking at the way how the sellers dominate, the buyers wouldn't dare to show hand now. Anyway, it's also a good thing for the price to drop further so that one can buy at lower price as compared to those who longed at high. See my write up yesterday and see the chart today. It's accurate.

http://stockmarketmindgames.blogspot.sg/2017/12/yingli-why-good-news-is-bad-news-for.html

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