Monday, August 21, 2017

Yongnam: 1st target at 0.300 nearing, but may still have legs to the reversal, price 0.29


Earlier on this month in August, we saw some pretty good actions in Yongnam and inner circle members were alerter...


That was when we spotted the move above the 0.24 key resistance level with some good factors pointing to more strength...


Clients were alerted thereafter too...


See what was sent out then..


For illustration purpose only


Over the past 3 weeks, we saw it traded to a high at 0.28 before some profit taking set in..


And then some consolidation from 0.25 to 0.28 before...


We are starting to see something interesting again on the system.... PTI grads can check..


May attempt a move above the 0.300 soon where it can give way to more strength above....


Targets can be revised upwards to 0.35 – 0.36 if that specific price actions happens.... ;)


See where we are below now...


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For illustration purpose only








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