********* 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.

 

******** Rebounding back up more: YHM. Share price 0.061.

Following up from previous Buy call made on Wednesday. YHM has broken out of the 0.056 resistance level faster than expected and traded higher. Current trading range would be from 0.060 to 0.065. Likely to consolidate within this range or lower above the next support at 0.056 before more upside. A break above 0.065 can see it go to 0.070 then 0.074 fast which was the high set last month. Quite a strong rebound seen after the whole designated counters debacle. As long as it stays above 0.060 psychological support, more short term upside in placed.

Stop loss at 0.058 for long positions now.

 

 

NEWS – 30 September 2013

 

******** Accumuate on dips at a Bargain: YHM. Share price: 0.053. (Consolidating at the lower end now)

YHM has since traded down from a high of 0.074 touched last month on weak market sentiments on pennies over the past few days. Like to consolidate from 0.048 to 0.056 in the coming days as the market stabilizes for pennies and when we can to see people start to bargain hunt at a much lower price. Consider accumulating when it near support at 0.048 to participate in any rebound when market recovers. A good time to accumulate pennies which were dragged down but has nothing to do with the 3 designated counters.

Stop loss at 0.046

 

********* Consolidation now after huge RUN: YHM. Share price 0.061. ( Trade the range possible)

Following up from BUY trading call made last Monday on 23 September 2013. YHM has indeed staged a convincing breakout and surge much higher to a high of 0.074. Immediate support currently at 0.060 which was also the low for yesterday and would be a psychological support to stay above for more upside consolidation. Quite a huge trading range for consolidation which is pretty expected giving the huge run up seen last week. As long as 0.060 stays as new support level, still a positive counter to hold. A breakdown of 0.060 support can also lead to downside to 0.053 to 0.055. Possible to trade this range again and take profit above 0.068. A new breakout of the 0.074 resistance level which has been tested 2 times already buy failed to break above can lead to 0.080 fast.

Stop loss at 0.057 for short term trades

 

NEWS – 30 September 2013

 

********* Trading BUY: YHM. Share price 0.055. (Convincing breakout seen, secures NEW CONTRACT WIN)

Following up from BUY Trading Call made on 12 September 2013. YHM has tested the 0.050, 0.051 resistance about 2 times over the past 2 weeks. Has opened at 0.055 today on news of it securing a contract worth USD 183m. Likely to see some strong momentum going forward on this news. Target to about 0.06 can be possible in the near term. As long as 0.050 stays as a new support level, we are bullish with a target of 0.06 then 0.065. Can consider accumulating on dips above the 0.050 from 0.050 to 0.054. TOP Volume seen currently on this convincing breakout which can signal more upside.

Stop loss at 0.049

 

 

******* For Aggressive Traders: YHM - TRADING BUY on breakout . Share price 0.050 now. (All time high broke the 0.048. - Watch closely, more upside if the 0.050 and 0.051 clears out !)

YHM is currently at an all time high as it has broken the Critical 0.048 level. Has been consolidating below this level since the start of the year till now and we have finally seen it broke across today. More upside if the 0.050 clears out and if it stays above. Possible to head to 0.06 quickly if that happens. Has tested it 3 times since May 2013 but has failed to break above each time only to head lower again. This breakout on TOP 3 volume will be likely to see some upwards momentum going forward in the next few days.

Stop loss at 0.046 strictly.

 

 

*** Short Term Trading Buy: YHM. Share price 0.046.

YHM currently at TOP volume has tested an broken the 0.045 critical resistance level. Has been consolidating below this level since Nov last year till now and has tested it about 5 times since then. Today’s high seen as 0.048 currently. Resistance has turned support at 0.045. As long as 0.045 holds as a new support, upside to test 0.05 is possible. A break above 0.05 can see it trend higher to find a new high or consolidation.

Stop loss at 0.043 tightly.