Thought I might post a chart seeing it's a charting thread.
So, what we see it that double top at 12c, which I mentioned somewhere else, and that the SP did go through the Fib retrace point of 23.6% at 9.5c after hitting highs at 12c. However, it is developing into somewhat of a wedge here and currently trading sideways mostly between 10.5 - 11.5c.
The MACD however is turning downwards, so may indicate it will drop down as it did with the last double top at 6c (I used this to get my last top up parcel at 3.8c thanks to 50%fibs). If that is the case, you might get a tasty top up at 7.9c. Best case scenario for a top up is 6.6c (50% Fib), though I think this unlikely.
This is not investment advice, I am not selling, but will certainly be buying if any of these targets are hit. GLTAH.
SYA - Chart, page-1509
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3.1¢ |
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Mkt cap ! $319.0M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
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| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 594033 | 3 |
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