YTC 0.00% 23.0¢ ytc resources limited

Here is a chart update. Input and comments welcome.*/ Weekly...

  1. 192 Posts.
    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.

 
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