Unfortunately, SYA has resumed it's decline again which brings 5.4c into play now, the 61.8% fib.
Li stocks have had a quadruple smackdown - a natural technical retrace, 1st Li oversupply fear mongering seed (Deutsche Bank), US interest rates schism, 2nd Li oversupply fear mongering seed (Morgan Stanley).
So, that has left SYA pretty beat down (albeit on low volume recently) until good news and a sentiment change sets it off again - which I'm guessing is at least a month away.
SYA - Chart, page-2648
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Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $360.2M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.5¢ | 3.4¢ | $1.607M | 46.41M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 4668541 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 2167024 | 9 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| SYA (ASX) Chart |