Yongnam had a surge in volume today opening at 30 cents and moving up over 8% despite STI being down. A nice gain if you ask us for such a market so far. It has now reached some resistance at 0.325. Crossing that might see it move higher to our next target of 0.35.
There was a huge married deal today that brought the volume up.
In fact our exclusive clients were informed last week when yongnam started moving at 0.305.
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