Here is a chart update. Input and comments welcome.
*/ Weekly chart first. Long term resistance being tested this week. */ Volume has been low of late, will need more buying to break through.
*/ Daily chart next. Long term resistance incoming. 200day MA is paralleling resistance. */ Small gap around 31cps was closed yesterday, one open gap remains around 23.5cps.
My punt? If YTC manages to break through resistance and 200day MA convincingly then we could see a nice rally. If she bounces, then there is a chance of retesting support at 25.5cps and failing this we could see the gap closed below.
Financing with equity component could be a catalyst for a retrace.
YTC Price at posting:
31.5¢ Sentiment: Hold Disclosure: Held
