Increase of roughly + 50 % in 2 weeks supported by interesting news and good volumes. Today the same (to be honest I didn't expect to see a SP above 70 cents today). Obviously some investors taking their profits but SP does not fall back. YTC seems to be overbought from a technical view but on the other hand pattern of the last days seems to impose further gains. Range between 70 to 75 will not so be so easily to overcome I guess. But with some exciting news we might even see a SP above 80 cents.
Meanwhile the story is very consistent and more then one is realizing that the SP could end on the long term on a substantial (multiple) higher level then it is today. Therefore the risk on the downside looks rather manageable and not too complex.
Would not be surprised to see more gains within the next days. Dips probably good chance to top up or to jump in.
YTC Price at posting:
70.0¢ Sentiment: LT Buy Disclosure: Held
