Yanlord – In Consolidation Mode

Yanlord looks like getting into a consolidation mode and moving sideway, after the recent breakdown from a Mini Double Tops formation.

Yanlord may be forming a Bearish Rectangle in a Down Trend, with trading range between $1.70 and $1.56. Breaking down from this rectangle pattern will send Yanlord share price to about $1.40 which is 61.8% Fibonacci Retracement Level and also the estimated breakdown target price.