Yoma has breached its two-year downtrend line with volume expansion (2 Jun 24)

June 2, 2024 el15

Dear all, Among the numerous write-ups which I regularly sent to my clients; I have previously done a short write-up on Yoma Strategic Holdings Ltd on 23 Apr 2024. It traded between $0.040 – 0.042 on 23 Apr and closed at $0.041. A multi-year low (at least 13 years low) price was reached on 19 Apr and 22 Apr. I have actually informed some active clients who trade small cap stocks to take a look on 19 Apr. Since 23 Apr, Yoma has seen stellar performance in its share price by rising 137% from $0.041 to touch an intra-day high […]

Thai Bev may be ripe for a bounce; BeerCo IPO potential near term catalyst (29 Mar 21)

March 29, 2021 el15

Thai Bev has slumped 14% from an intraday high of $0.850 on 8 Feb to close $0.735 on 29 Mar 21. It is looking interesting again as it hovers around its strong confluence of supports from $0.715 – 0.725. Personally, it seems ripe for a technical bounce. Besides the technical outlook, Thai Bev has the highest potential upside among the STI component stocks with a potential capital upside of around 21%! What else is interesting about Thai Bev? Read on for more. Interesting points on Thai Bev a) Highest potential capital upside for STI component stock With reference to […]

Chart alert! Yoma may breach $0.280 in the near term (23 Jun 2020)

June 23, 2020 el15

This week, Yoma catches my attention on a spike in share price, accompanied with an expansion in volume. Let’s take a look. Chart analysis Yoma’s chart has been on a short-term uptrend since 24 Mar. ADX last trades 22.2, amid positively placed Dis, indicative of a trend. Its short term exponential moving averages (“EMA”) are rising steadily and its long term moving averages (namely 200D EMA and 200D SMA) are plateauing. Indicators such as OBV and RSI are strengthening. Volume has picked up significantly today and yesterday which may signify good odds of breaching its key resistance $0.275 – […]