I received quite a few question on buying stocks when it falls a great deal, like Yoma Strategic. First thing first, we must understand the reasons for the fall (not always clear cut but at least some hints were be there if you do your research). In Yoma case, it is the political situation happening there. And from the day of posting , you can see the price...
Read latest news article here While the price has dropped to almost the year low, I am still not convinced to part my capital to invest in this stock. Yes, I do like its business sectors from running a KFC franchise to property development in Myanmar. However, running through its financial statements reveal a different story. It is still declining in revenue...
YOMA has been trading in a symmmetrical triangle pattern for 5 weeks now. A symmetrical triangle pattern is generally a "trend continuation" pattern (of the prior trend which was up in this case). Hence I would give it another few days to a week to see if it could break up with renewed momentum. Long @ 0.300-0.305 with initial stop @ 0.29 Disclaimer: This is...
Yoma Bouncing from trendline Banker chip stay above 50% and increase. Heiken Aishi candle remain GREEN
C&H with possible target if breaks out. Disclaimer: Not an advice to buy or sell.
stock have breach its up ascending triangle with strong volume. Potential to long with entry @ 0.255 and stop-loss @ 0.24 and profit taking @ 0.31
Falling Wedge Bullish Divergence at 76.8% retracement Reversal candle at falling wedge base
Get that small profit. 0.786 fib small bullish divergence. targets are 21 / 55 EMA.