Bearish Setup: Yoma - a couple of CFD SELL calls to ride the downside..... still heading downhill ?

Getting weaker by the day as it breaches a new low….. where to now? Be our client to find out and many more.  J

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Sent: Thursday, February 26, 2015 9:44 AM
Subject: **************** Bearish Setup: Yoma - further breaking 0.465- 0.47 support can lead to more downside.... price 0.47 - CFD SELL

As per previous few sell calls, YOMA has consolidated about a week from 0.47 to 0.50 range and today we have seen an attempt to further break the immediate support again. Clearing of 0.465 levels can be a confirmation. As long as 0.500 is a resistance, still a negative and CFD sell positions can be used to ride the downside further. Target to 0.45 then 0.40 on a clear breakdown.

Sent: Monday, February 16, 2015 10:29 AM
Subject: ***************** Bearish Setup: Yoma - Breaking below 0.50 - 0.51 support can lead to more downside.... price 0.48 - CFD SELL

Yes, has broken the 0.500 support level convincingly today further. Note that as long as 0.500 is a resistance, this counter still looks weak in the short term. CFD SELL to ride any downside with Buy stop loss at 0.515. May see it trade to 0.45 first then 0.40.