SYA - Chart, page-3209

For @jfer3

T'was looking OK when up to the mid 6's, but as soon as the CR price was announced at 5.1c, the SP obviously has retraced and plenty of people are getting touchy about it, so the MACD and RSI reflect that. Volume is still moderate to low. The chart suggests it touched and bounced off 4.6c yesterday, which is where it got to in early Feb with the US market schism (wasn't it??) gave it an extra kick in the proverbial. That remains support for now.
Where is it going to go? Well, last time they CR'd with rights issued to SH's, it 11 bagged, though that's nothing to happen this time. They have a DFS to drop, and who knows what else, so the technicals are really tied to the Fundamentals right now, and they are still a long way from mining. I don't really expect fireworks once the CR is done, but who knows? I think re-testing highs from 5.1c is absolutely possible, though the sentiment around Li is muted at present, which is a factor. The chart:
DYOR.