Yanlord appears to have Head & Shoulders pattern failure and breakout from the falling wedge. When there is a pattern failure, the reverse will happen. Current price is above 20D, 50D and 200D MA. My plan is to go long when Yanlord retest $ 2.41 support level and bounces up. Exit Target = $ 2.85.
China Fishery dropped out from the uptrend channel and broke the 50D MA support line. If China Fishery stays above $1.263 (61.8% Fibonacci Retracement level) and bounces back from this support, this is considered a healthy correction before continuing the up trend. It looks like a Head & Shoulders is formed too with neckline at around $1.263. If this critical support is broken, it may send the stock down to $1.06 level.
KS Energy is forming a wedge and the volume is dropping. It also broke 20D and 50D MA support levels. $1.161 is the critical support as it is 61.8% Fibonacci retracement level and also the wedge support. Base on the chart, probability of breaking down from the wedge support is higher than breaking the resistance of the wedge (which KS Energy has tried 4 times). The current level is not the entry point for me.
