Wednesday, 21 November 2012

Singapore Stock Tip: Yoma hit our target at 0.67-0.7

Dear Friends,

After Ezion hits our target, Yoma, a recommended stock last month, today also hit our target from 0.67-0.70! Congrats on those that followed our recommendation based on our ART system. We also exited half of my position for this trade at the highest point 0.70 today. Now the stock is at 0.675.

Our article in October:
http://www.danielloh.com/2012/10/4-singapore-stocks-worth-taking-look-now.html

We recommended this stock last month because we see that accumulation has been taking place. Maybe these guys know there might be some good news coming up. After we went in, market weakness brought the stock down to around 0.51. As our stop loss is below 0.5 the strong psychological support, after that, it flew to our target today.

You can see that 0.7 is the resistance today. We are quite right, ha. But can we enter again? Yes, when it go past 0.7 again, which is a resistance. By the way this stock has a good earnings this quarter in October. It is a good stock like Ezion or Supergroup. You can see Supergroup broker out of $3 today... a show of a good stock!

Let us see 2moro if Yoma's run will continue if u haven't exited position. If it continues to fall past 0.67, our advise is to profit take first.

Rgds
Daniel

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