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 just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
Long @ 0.300-0.305 with initial stop @ 0.29
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.