Tuesday, May 10, 2011

Yanlord - A Typical Buying Campaign




If I were to long a stock for mid to long term, Yanlord definitely fits into that criteria. Looking at the whole operation since Feb 2010 till date, the long term trend has been down. However as of today, it tells me Yanlord is due for another rally and could break the long term bearish downtrend. Could this be the start of a super bull for this China powerhouse? My gut feeling is telling me yes to buy this stock and hold. Big buyers as of last week had been supporting this stock strongly, they are unwilling to let this stock fall further and are accumulating for a elongated rally.

Ronald K