2 Sep 17: Yanlord 3 black crow of extending new shoulder for short uptrend

Yanlord - 1.73 (TP: 1.81-1.82- profit taking pt1) (Buy Price 1.76, Stop-loss 1.64) -

1)Weekly chart showing sigh of head & shoulder forming/. If I am correct the peak of the second shoulder should reach close to 1.91.(Profit taking point 2)

Fibo line (High 1.99, Low 1.29, delta 0.70)
####

1.99
1.82 (major Support & resistance) TP1
1.72 (next best) anything break below can go to 1.64
1.64 (stop loss)
1.55
1.44
1.29


There also new on purchase of UEL, which should help Yanlord in long run. Moody has given Ba2 rating

Moody's: Yanlord's strong profit margin and liquidity support its Ba2 rating (16 Aug)