CLSA has reiterate a Buy call for Yoma Strategic this morning.
Yoma has announced an agreement to rope in Mitsubishi Corp/Mitsubishi Estate, IFC and ADB as equity stakeholders in Landmark Development.
Tecnically, Yoma Strategic traded with high volume yesterday and there should be some upward momentum.
Resistant levels are at $0.610 and $0.620. Breaking these levels with good volume, stock price should move towards $0.725 level.
Current support is at $0.590 and next support is at $0.570.
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