Heading towards our 0.48 – 0.50 target in the short term?
Sent: Tuesday, October 20, 2015 2:56 PM
Subject: *********** Yoma: Breakout seen again after brief consolidation with strong volume, price 0.455
Subject: *********** Yoma: Breakout seen again after brief consolidation with strong volume, price 0.455
Following up from previous call, Yoma has consolidated briefly above the 0.400 new support with resistance at 0.44 – 0.45. Today we have seen a move above this resistance with volume picking up which can see more upside towards the 0.48 then 0.50 as mentioned previously. 20 day MA has sloped upwards firmly and approaching the 100 day MA line where crossing above can see a trend reversal finally. MACD momentum indicators also trending upwards firmly with more leg to the rebound possible above 0.45 now.
Sent: Monday, October 12, 2015 9:50 AM
Subject: ************ Yoma: Breakout seen on strong volume, price 0.42
Subject: ************ Yoma: Breakout seen on strong volume, price 0.42
Yoma has staged quite a clear breakout above the 0.39 – 0.40 resistance level last week and more strength seen today again as it surges higher. As long as 0.400 holds as the immediate support now, there can be more upside to target at 0.48, 0.50 then 0.55. HAVE ALSO broke above the 100 day MA line at current levels which can signal a change in trend finally. MACD above the zero market where we may see more momentum above 0.400 to take it higher. Stop loss at 0.385.
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