wow!
I’m stunned people exiting after clearing 1.15. Syrah must test the top of an expanding wedge @1.38. This happens to be the Fibonacci retracement of .382 from the fall around 2 bucks in Januaary.
clear 1.38 and it’s 1.50, 1.60 and 1.76 resistance before $2.00.
i tip Syrah to do a full 100% retracement back to $2.00 over the coming 60 days.
ive seen this pattern before and imo it’s forming nicely.
remember that it is all computers doing the trading, these machines create the algorithmic patterns you see on charts. Find the algorithm in play and you win big.
Ann: Becoming a substantial holder, page-8
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Last
22.0¢ |
Change
-0.010(4.35%) |
Mkt cap ! $227.6M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.0¢ | $516.4K | 2.304M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 189702 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 23249 | 3 |
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| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| SYR (ASX) Chart |