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Friday, March 18, 2016

YOMA STRAGETIC

YOMA STRAGETIC - 19th March 2016

YOMA STRAGETIC had a fantastic run from the low of 40.5 cents on 12th Feb 2016 and continued to head higher to touch 58 cents on 18th Mar 2016. This is rather bullish.


The current price of 56.5 cents is staying above the SMA lines which is rather positive.

Also both Macd & Rsi indicators are also pointing upwards which may be a tell tale sign that the share price may continue to head higher.

Short term wise may expect to see it prices head higher towards 60.5 cents which is quite a formidable overhead Resistance that may post a challenge to break-through.

Crossing over of 60.5 cents with good volume and with ease that may propel to drive the share price higher towards 66.5 cents.
(trade base on your own decision)

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