Yanlord Land after hitting the high of 1.335 on 24th Mar 2016 it had since continued to trend lower to touch 1.20 on 5th April. This is rather bearish.
The current price of 1.21 is hovering below the SMA lines which is generally quite negative.
Also both Macd & Rsi indicators are pointing downwards which may provide further indication that the share price may continue to head further South.
Short term wise looks like it may trend lower towards 1.10 with extension to 1.045.
(trade base on your own decision)
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