Pattern Failure - My Stocks Investing

Capital Land – Head & Shoulders Pattern Failure!

Post author:Marubozu
Post published:October 24, 2009

Capital Land had a Head & Shoulders pattern failure and have almost reached the target price of $4.40. Capital Land will probably have a correction to retest the $4.12 resistance turned support line. This stock has the potential to go up to $4.686 if this support level can be hold.

Yanlord – Head & Shoulders Pattern Failure!

Post author:Marubozu
Post published:October 23, 2009

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.

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