Yoma Strategic: Selling pressure may still continue... Price 0.36

Just last week, we spotted some selling pressure in Yoma with it approaching the key 0.400 level…

Trend indicators were all indicating more weakness and hence a breakdown expected…

It began testing that level with some buyers coming back but eventually it gave way too…

See targets that were drawn…

Over the past few days, we have seen more weakness with some bearish price actions…

Downside may still be playing out as seen….  See where we are now below…

Cautious long… more for shorts…

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Yoma: A breakout indeed seen above 0.55 resistance as mentioned last Friday..... hit a high of 0.58 yesterday.....

Some profit taking seen today as it holds above the 0.55 support still, more upside? Now at 0.56, let’s see…. J

Sent: Friday, March 18, 2016 9:25 AM
Subject: ****************** Yoma: May attempt a breakout above 0.55, volume still strong, watching... price 0.535

Following up from previous call, volume still strong at more than 3 times above average and it is also nearing the 0.55 key resistance level as mentioned previously. There can be more upside if this level clears out. Still watching it closely for a potential breakout before an entry can be taken.

Yoma: Still consolidating upwards, what are we watching now? price 0.535

Will the 0.55 resistance clear out soon?

Sent: Monday, March 14, 2016 4:57 PM
Subject: ******************* Yoma: Possibly for 0.55 to clear out leading to more strength, price 0.525

We have seen a clear breakout for Yoma above the 0.500 psychological resistance level and it seems likely to head towards the 0.55 to attempt a move above also. Any clearing of 0.55 – 0.555 can be a further short term bullish with target to 0.60 then 0.65. Strong volume on the rise, with support at 0.500 for now.. There can still be more strength as long as 0.500 holds as immediate support. 20 day MA reversing and cutting above the 100 day MA in a sign of strength and a potential short term reversal. Can consider averaging up and raising stop loss on a move above 0.55 over the next few days. Strong volume of more than 6 times above average on this move with MACD also pulling away from the zero mark a good sign.

Yoma Strategic: Some weakness observed, may mark the beginning of the downside

Now at 0.445, upward trend weakens and points to potential reversal

Sent: Thursday, December 10, 2015 10:09 AM

Subject: ************* Yoma Strategic: Potential reversal if 0.45 - 0.455 breaks down..... price 0.46  

We have seen 3 Candlestick Dojis sloping lower over the past 3 days which signifies great indecision and a potential reversal on the cards. More confirmation needed on the clearing of 0.45 – 0.455 support where we can see it retrace back to 0.41 level. Moving below 0.455 would also signal a move below the 20 day short term MA which can see some downward pressure. CFD SELL to ride any weakness.

Yoma: A breakout SEEN indeed on TOP 5 volume... price 0.515

Can it touched our 0.55 resistance next?

Sent: Monday, November 09, 2015 5:02 PM
Subject: ********* Yoma: Breakout seen again after brief consolidation with strong volume, price 0.495

Following up from previous call, we have indeed seen Yoma traded to a high at 0.48 before market weakness and seeing it dipped to support at 0.42 again. Was consolidating from 0.42 to 0.45 for about 2 weeks and today we have experience a breakout above the 0.45 and 0.48 price point. This can see more strength if even the 0.500 psychological resistance clears out. Target to 0.55 then 0.60 next on a further move above 0.50. 20 day MA line has already crossed above the 100 day MA line and on the verge of continue its climb above the 200 DAY MA line which can signal a strong upwards reversal in place. Raise stop loss to 0.485 on a further breakout.

Yoma: Finally seeing some ACTIONS after past few trading calls.....

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

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

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.

Yoma Strategic: New low seen today again at 0.365....

Heading towards 0.300 ? Congrats to those who managed to lock in some short positions previously…..

Sent: Tuesday, August 04, 2015 9:21 AM
Subject: ******** Yoma Strategic: Breaking the 0.40 - 0.41 support level can see more weakness.... price 0.400

Yoma has traded lower over the past few trading days in line with the market and has crossed below the 0.41 level which was holding for about a month. Might head towards the 0.385 low that it rebounded from in March. Note that any clearing of 0.38 – 0.385 buyers can open the way for it to find a new low to 0.300 in the short term. A Descending triangle pattern formed and breakdown spotted which is not a good sign. Cautious long, CFD SELL can be used to ride any weakness below 0.38.

Yoma - breaking above 0.500 resistance, where to ?

Now at 0.525 following up from last Friday’s breakout call. Still good to go ?

Sent: Friday, April 10, 2015 9:16 AM
Subject: ******************** Potential breakout: Yoma -Consolidation above 0.45 new support now, more upside above 0.49, price 0.495

As mentioned from previous call, Yoma has still consolidated from 0.45 to 0.49 for about 3 weeks, and today we have finally seen some reactions as it attempts a breakout above the 0.49 critical resistance level. Was trading below this level since feb before it rebounded back up. Any clearing of 0.500 would serve as a confirmation and we can expect a trade back up to 0.56 then 0.60. Stop loss at 0.485 for a convincing breakout.

Sent: Tuesday, March 31, 2015 9:46 AM
Subject: ******************** Potential breakout: Yoma -Consolidation above 0.45 new support now, more upside above 0.49, price 0.48

From previous Yoma direction email, Yoma has managed to stay above the 0.43 support and head headed higher to form a new consolidation phase from 0.45 to 0.49 now. Have been supported above 0.45 for more than week and seem to be holding well. At current level, has pulled away positively from the 20 day MA line convincingly in as a sign of strength. Clearing above 0.49 immediate resistance now can see it trade to 0.51 then 0.55. MACD indicator crossing above the zero line which can see more continued momentum. Short term positive above 0.45  - 0.46 support for now and can accumulate on dips above this levels.

Bearish Setup: Yoma - a SERIES OF SELL calls - direction?

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

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

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…

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.

Bearish Setup: Yoma - did break below the 0.500 support as mentioned last week, more downside ?

Sent: Friday, February 13, 2015 3:05 PM
Subject: ****************** Bearish Setup: Yoma - Breaking below 0.50 - 0.51 support can lead to more downside.... price 0.500 - CFD SELL

Yoma has traded above the 0.51 level since Nov 2012 and recently has also consolidated above it for about 3 weeks. Today we have seen it break below the 0.51 support on strong volume and this can open the way to more downside to 0.45 then 0.40 20 DAY MA line has been accelerating downwards since last month and downtrend looks to be still intact especially if it stays below 0.500 new resistance now. CFD SELL positions to ride any downside can be possible with BUY STOP loss at 0.525.

****************** Potential Rebound: Yoma - breakout above 0.695 - 0.700 seen.... price 0.700 (NOW 0.72)

Are we seeing more upside?

Sent: Friday, October 31, 2014 4:02 PM
Subject: ********************* Potential Rebound: Yoma - 0.675 resistance next critical.... price 0.675

As mentioned in previous post, upside seen indeed, more upside to 0.700 if 0.675 clears out as well J

Sent: Wednesday, October 29, 2014 11:29 AM
Subject: ********************** Potential Rebound: Yoma - 0.65 resistance critical.... price 0.645

Seems to have break above the 0.65 resistance level as mentioned just now, NOW 0.66, Can consider.

******************** Potential Rebound: Yoma - 0.65 resistance critical.... price 0.645 ( NOW 0.67)

CALL MADE YESTERDAY MORNING 9.35am before breakout.  Breakout did happen after that yesterday afternoon. Where to now?

Can it touch 0.700?

REPOST ********************* Bearish Setup: Yoma - Descending Triangle spotted - Broke down critical support at 0.66 yesterday...... price 0.655. (PRICE NOW 0.61)

Clients were alerted to a BEARISH breakdown of support this morning (9.13am) when it was 0.655 and how CFD SELL POSITIONS can be deployed  to ride any downside…… Were you notified?

Can it go below our 0.60 target now ?

*********************** Bearish Setup: Yoma Strategic - Is that a Bearish Head and Shoulder Pattern ? threading closely just above Neckline support.... price 0.69

Following Up from previous sell call, Yoma has indeed traded lower hitting a low of 0.675 yesterday before some technical rebound seen today. DO NOTE that currently it back to the Neckline support level at 0.67-0.675 which has held Since DEC 2012. This is quite a critical support level to watch and any BREAKDOWN from this horizontal support level can lead to more down side to 0.58 then 0.50. CAN consider CFD SELL positions if it does occurs to ride the downside.  PROTECT your long position for those who are still holding this counter if it does breakdown. Only the upside breakout of 0.735 will invalidate our bearish scenario, in this case a recovery should shape towards 0.80.

Sent: Thursday, June 26, 2014 9:34 AM
Subject: *********************** Bearish Setup: Yoma Strategic - Broke immediate 0.76 support.......

CFD SELL Entry: 0.74 to 0.755

Target: 0.700 then 0.68

Stop loss: 0.78

Reason: Has formed lower highs since beginning of June and have broke the 0.76 one week support level further on top 10 volume.

********************* Bearish Setup: Yoma Strategic - Broke immediate 0.76 support....... (Repost - Now 0.73)

Can it hit 0.700 next psychological support ?

REPOST ********************Yoma: Bullish setup seen on break above 0.74.....Clients were ALERTED BY SMS - (REPOST - AT 0.795 NOW)

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************ YOMA: POSITVE CALL triggered yesterday !

Yoma at 0.76 now, clients informed through email to enter at 0.735 to 0.74 yesterday as seen below !! J Congrats

 

Sent: Thursday, March 27, 2014 9:25 AM
Subject: FW: ************ Potential breakout on News: Yoma. Share price 0.72. REPOST

Broke Resistance today, maybe good to go FURTHER, try to get IN FROM 0.735 TO 0.74…

 

Sent: Tuesday, March 11, 2014 9:38 AM
Subject: ************ Potential breakout on News: Yoma. Share price 0.72.

 

Yoma has been trading below the 0.725 resistance level for more than a month already. Seeing it test this critical level on TOP 20 volume today on series of announcements this morning. Has attempted to cross it a total of 6 times but to no avail. Monitor closely for this potential breakout, a break above 0.73 can see it head to 0.78 region first. Has just crossed above the 20 DAY MA few days back and still manage to stay above it. Let’s see if sellers at 0.725 and 0.73 get taken out.

Stop loss at 0.695

 

OCBC – 11 March 2014

Yoma Strategic Holdings: Seizing opportunities in Myanmar
Yoma Strategic Holdings (Yoma) made a series of announcements this morning. First, it reported a definitive shareholders agreement with Hongkong and Shanghai Hotels to redevelop the former Myanmar Railway Company headquarters on the Landmark site into The Peninsula Yangon hotel. We believe this is subject to the successful acquisition of the Landmark site, which currently has a deadline in end June 2014. Secondly, Yoma will take a 80% stake in developing two sites near FMI City in Hlaing Tharyar Township, Yangon into a development with 90 residential units and 19.9k sq ft of commercial leasing space. Thirdly, the company has entered into agreements with ED&F Man Holdings Ltd and PMM Partners Ltd, separately, to invest in coffee planting at the Maw Tin Estate in Ayeyarwaddy and supplying UHT dairy products in Mayanmar, respectively. Finally, Yoma also announced plans to develop educational facilities with Harrows International Management Services and Dulwich College International in Pun Hlaing Golf Estate and Star City, respectively. We will meet with management to discuss these developments later this morning and, in the meantime, maintain BUY with our fair value estimate of S$0.97 under review.

 

************** YOMA: Follow up - Breakout seen finally !!!!

Following UP from previous BUY CALL. Yoma has finally cleared the 0.73 resistance convincingly today on TOP 10 volume hitting a high of 0.765…. Would be good to take profit from 0.78 to 0.80 first and wait for more direction……

 

************ Potential breakout on News: Yoma. Share price 0.72.

Offer at 0.725 cleared after email sent to clients………………………… Let’s see if the 0.73 sellers can be cleared out ?

 
Sent: Tuesday, March 11, 2014 9:38 AM
Subject: ************ Potential breakout on News: Yoma. Share price 0.72.

 

Yoma has been trading below the 0.725 resistance level for more than a month already. Seeing it test this critical level on TOP 20 volume today on series of announcements this morning. Has attempted to cross it a total of 6 times but to no avail. Monitor closely for this potential breakout, a break above 0.73 can see it head to 0.78 region first. Has just crossed above the 20 DAY MA few days back and still manage to stay above it. Let’s see if sellers at 0.725 and 0.73 get taken out.

Stop loss at 0.695

 

OCBC – 11 March 2014

Yoma Strategic Holdings: Seizing opportunities in Myanmar
Yoma Strategic Holdings (Yoma) made a series of announcements this morning. First, it reported a definitive shareholders agreement with Hongkong and Shanghai Hotels to redevelop the former Myanmar Railway Company headquarters on the Landmark site into The Peninsula Yangon hotel. We believe this is subject to the successful acquisition of the Landmark site, which currently has a deadline in end June 2014. Secondly, Yoma will take a 80% stake in developing two sites near FMI City in Hlaing Tharyar Township, Yangon into a development with 90 residential units and 19.9k sq ft of commercial leasing space. Thirdly, the company has entered into agreements with ED&F Man Holdings Ltd and PMM Partners Ltd, separately, to invest in coffee planting at the Maw Tin Estate in Ayeyarwaddy and supplying UHT dairy products in Mayanmar, respectively. Finally, Yoma also announced plans to develop educational facilities with Harrows International Management Services and Dulwich College International in Pun Hlaing Golf Estate and Star City, respectively. We will meet with management to discuss these developments later this morning and, in the meantime, maintain BUY with our fair value estimate of S$0.97 under review.