Wednesday, May 8, 2013

** Potential trade Opportunity: Yoma. Share price 0.855.

Yoma has broken up temp resistance level at 0.85. Have been consolidating below this level for about 2 months already. Currently at 0.855. Near term upside to 0.900 possible on TOP 20 Volume seen currently. New support at 0.85 has formed on this break out. A break above 0.900 can see it test 0.925 quickly which was the all time high set in Jan. Mainly a Myanmar property play.
Stop loss at 0.835 

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