Thursday, October 17, 2013

********* Trading BUY: YHM. Share price 0.066. (Broke immediate 0.065 resistance on Top 2 volume today)

Following up from Last Friday Trading BUY call made. YHM has consolidated briefly below 0.065 before breaking above it today on TOP 2 volume again. Has been below this 0.065 resistance for about 3 weeks so any upside breakout and can signal more upward momentum in the short term. Went briefly below the 20 DAY MA last week on pennies market weakness only to rebound above it the next day strongly.
As long as it holds above 0.065, a rise towards 0.070 then 0.074 (high in September) seems likely.
Stop loss at 0.062 nevertheless.
 

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