Ying Li: Trading with a Range

Ying Li is currently trading within a range between $0.438 and $0.375. Unless Ying Li breaks above the 200D MA resistance with significant volume, it is unlikely Ying Li to start any up trend at the moment. Current Ying Li chart is still bearish the stock is currently trading below 20D, 50D and 200D MA. The 200M MA, a long term trend is also sloping down. If Ying Li breaks the $0.375 support, Ying Li may go lower to $0.295.

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