Yanlord after touching the low of $1.36 on 16th Jan 2017, it has since managed to stage a strong rebound and head higher to touch $1.65 on 3rd March 2017. Couple with high volume this is generally quite positive.
The nice Gapped Up cum breaking out 2nd Mar 2017 was rather impressive. The price was also closing well at $1.58 of which the followed-through was happening on the next trading day.
Looks like it may likely continue to trend higher.
Both Macd & Rsi are still rising which may provide further indication that the share price may continue to head higher.
Short term wise, I think it may move up to re-test $1.65 and head higher towards $1.70. Crossing over of $1.70 with good volume that may propel to drive the share price higher towards $1.75 with extension to $1.80.
(trade base on your own decision)
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