Important Low Coming?See if channel holds our leg down - good chance we complete the C wave here if so.
YOJ trade ideas
Yoji time to go up in the next couple of daysTrend change is about to happen and we may see new higher ath
Yojee: YOJ.AXWatchlist
Ascending triangle
Price tightening
Price holding above EMA
Watch for break above 21c
YOJlooking at previous trends and with todays high, we should have a correction coming before it continues on its upward trend
YOJ:ASX - YOJEE LIMITED - 1500% logistics runnerHmmm. Surprised YOJ hasn't been on my radar much earlier. Had to go and have a better read of what they do, and from their about us it looks like they use AI and machine learning to solve more complex logistics type issues. They are past earning and the price didn't collapse. Looking at level 2 type data on Commsec buyers and sellers are pretty equal and there arent really any gaps in price so might keep these price levels. Worth a look.
Yojee (YOJ:ASX) is an ASX publicly listed technology company which has introduced new ways of working, communicating, and collaborating within the logistics industry. Yojee’s best-in-class logistics software utilises Artificial Intelligence (AI) and Machine Learning to optimise and manage delivery operations. Yojee can add value to logistics companies of all sizes at an affordable rate, on a transaction based fee model. We are here to empower small and medium enterprises with the ability to achieve cost efficiencies only the industry giants have enjoyed before, as well as to help large multinationals transition into the digital age seamlessly. (Source: yojee.com)
(ASX: YOJ) #Yojee Ltd LOGISTICS PLATFORM Play ?(ASX: YOJ) #Yojee Ltd
> In tracking list
> Sharing my study.
> Initiated tracking position
> Views invited.
> Medium term investment opportunity
#platform #play
#smallcaps
#logistics #sector
#Disc: Invested, sharing for educational purpose.
#compoundingcentral
$YOJ Reversal Breaking out above the 3 month downtrend and closing at .061 above the previous .060 resistance. Volume is rising and Double bottom at .055
Today candle is looking great for the start of a reversal .
YOJ is coiling for a spring or sink? A clear downtrend for YOJ. This stock is positively correlated to cryptos market. The bearish trend can be explained by the sharp fall on BTC price that's been going on for months.
I expect a short rally although my educated guess is that it will be short lived.
Multi-year cup and handle pattern in formation - There is a textbook cup and handle pattern forming, which a beautifully rounded bottom. We are now at the handle stage, which is forming at the top of the cup. The handle could last for a few more weeks yet, but as it has already been forming for a month, a breakout soon is likely. Volume was low as the price retreated and remained low at the base, but increased dramatically as prices rose to form the cup.
Buy : Look for a breakout from the top trend line of the handle - at above 27 cents. Less aggressive traders should avoid buying upon breakout in case of failure, and should instead enter the stock once prices close above the top trend line and subsequently retest the upper trend line. However, there is a risk of missing the trade if prices fail to retreat.
Stop : Place a stop just below the upper trend line - at around 25 cents. More aggressive traders may wish to place their stops lower, at below the handle.
Target : 57 cents
