Monday, June 22, 2020

Yoma Strategic - It Pops Out from Top 30 Volume




Yoma just pops out from the background to the Top 30 Volume. It's a stock you seldom seen in the Top Volume and today might be the first day it's there with rising price. Something is brewing and something has happened or the stock wouldn't appear in the Top Volume. The best part for today's price action was it recorded 6.1% as compared to STI which was flat. It's not the no 1 in the Top Volume but rather it's the last 10 from the bottom.




All these are telltale signs that the stock was in some strong hands. I also studied the market depth and it's complex numbers. It's currently a little heavy with some sellers but until the sellers abate, I wouldn't chase for now. I am looking for more such activities that suggest big players is trading. Did you just witnessed a big volume bite up at 0.26?

Ronald K - Market Psychologist - A Stock Market Opportunist