Has indeed broke the 0.400 psychological support today ! where to now?
Sent: Tuesday, March 03, 2015 9:55 AM
Subject: ******************* Bearish Setup: Yoma - next support at 0.40, if don't hold, more downside likely - CFD SELL, price 0.425
Subject: ******************* Bearish Setup: Yoma - next support at 0.40, if don't hold, more downside likely - CFD SELL, price 0.425
Yoma has indeed broken the 0.45 support yesterday and today pull further lower. Immediate support would be at 0.40 – 0.41 level. It may consolidate from 0.40 to 0.44 before more weakness seen on a breakdown below psychological 0.400 support level. 20 day MA line still surging downwards with no end to downside sighted yet in the short term. As long as 0.44 – 0.45 is a resistance now, we are still bearis and CFD SELL positions to ride the downside.
Sent: Friday, February 27, 2015 9:31 AM
Subject: *************** Bearish Setup: Yoma - next support at 0.45, if don't hold, more downside likely - CFD SELL
Subject: *************** Bearish Setup: Yoma - next support at 0.45, if don't hold, more downside likely - CFD SELL
Yoma has came down to our target at 0.45 today which is the next support to watch. Note that any breakdown below 0.45 would not be a good sign and can seen more sellers emerging with target to 0.40. 20 day MA line still surging downwards on current price action and short term downtrend seems to be in place strongly. CFD SELL as mentioned to ride the downside…
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