Good analysis and I can see what you are looking at when you identify 11c as a support level noting it bounced from weekly lows of 11c in dec, jan and feb but you need to consider the preceeding trend. Stock and sector were in an uptrend at that time and now both are in a sharp down trend, the manner in which SYA has arrived at this level suggests that 11c wont be respected. 8c is the target, its as close to a certainty as you get in this game.
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Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $360.2M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.6¢ | 3.3¢ | $2.698M | 78.13M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 7994901 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 6459354 | 24 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| SYA (ASX) Chart |