Base on the chart pattern, Yanlord has been trading within a Down Trend Channel for the past 4 months. Yanlord is currently testing the down trend channel resistance for the 3rd time at about $1.80. If Yanlord cannot break this resistance, the downtrend will continue. Next important support to watch is $1.677 which is a 50% Fibonacci Retracement Level. Pay special attention that all three Moving Averegas 20D, 50D and 200D are in the downward direction.