Mum and dad investors are everywhere YOJ was in the media so it got picked up by a few, the price has since come back and these ‘investors’ get cold feet and sell out its a rinse repeat game. Have a look at the volumes over the last couple of negative sessions and the volume on the sell side moving forward the price is moving off of small volume, yet those who have done the analysis and believe it is worth holding wouldn’t sell in a suppressed market.
Fear is great as someone once said, be fearful when others are greedy and greedy when others are fearful.
We have also seen fear in US tech markets, small cap AU markets and a bearish outlook across the board. If anything YOJ has held up rather well considering.
YOJ Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
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