SYR syrah resources limited

SYR Charts, page-3071

  1. 919 Posts.
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    I sold mine yesterday at 90c after being in the red for a while from 69c. It was a fairly reluctant sell but I felt it had moved up too fast and needed to cool down a bit, the momentum was strong enough to fill the 90c gap and I was looking at the gap above too but the market depth started to look a little shaky and I was looking at the lower gap too

    looking into my cuppa tea:
    The gap filled at 90 with a big red shooting star candle, the gap left on the way up seems to correlate pretty strongly with the 50 and 20 sma and the 0.786 fib retracement, also looks overbought on the rsi...https://hotcopper.com.au/data/attachments/5681/5681387-8b5cc427ba06ba29b448e218f56c3e8f.jpg

    In the US it seems the price just followed us without the range leaving a much larger gap and without filling the upper gap. Their gap sits at the 50sma and at the 0.618 fib mark and another gap below, also over boughthttps://hotcopper.com.au/data/attachments/5681/5681410-f57878fda51202cefa1f4a02efb8be33.jpg

    Of course this is all nonsense and anything bullish enough will throw this all out the window anyway, but my thought is combining the chart data, the uncertainty with geopolitical events and now the latest inflation data I would trade a bit more cautiously and try to double my holdings if the gap closes. If not I still made some profit.

    I wish everyone luck and hope we all can make some money!
 
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Last
29.0¢
Change
0.000(0.00%)
Mkt cap ! $352.6M
Open High Low Value Volume
28.5¢ 29.5¢ 28.5¢ $726.1K 2.511M

Buyers (Bids)

No. Vol. Price($)
5 23967 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
29.5¢ 875044 16
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Last trade - 14.47pm 07/08/2025 (20 minute delay) ?
SYR (ASX) Chart
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