15th November, 2016, 3:27 PM
Yoma Nov 2016
Yoma Nov 2016

Yoma, also similar to city dev in terms of technicals is hovering near its 200ma. In fact it broke its 200ma today but managed to just close above. Yoma has been consolidating for a few months and it broke down which might not be a good thing. Furthermore an increased in vol was spotted today. We’re consider a short once it breaks and stay below the 200ma. Cut loss can be a at 0.58. First support at 50 cents then 45 cents.