Looking at the chart we are at a crossroad. I think that 3.1 is the latest bottom and the share price should start moving up now.
This is the 10 minute (over 10 days) chart.
It looks like the share price broke out of the downtrend and is currently testing the downtrend resistance line. The rest of this trading day will be very interesting.
I bought this morning based on the daily chart.
Yesterday's RSI close was on a support line. Also there has been decreasing volume accompanying the retrace so the uptrend may resume.
- Forums
- ASX - By Stock
- SYT
- Breakout at 1.3c on Vol upTrend coming ??
Breakout at 1.3c on Vol upTrend coming ??, page-452
-
- There are more pages in this discussion • 604 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SYT (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online