SYR 8.96% 30.5¢ syrah resources limited

chart turning around nicely

  1. 5,416 Posts.
    lightbulb Created with Sketch. 109
    SP approaching pinch point of the falling flag that looks to have a solid base in at 1.61 - 1.63.

    Currently trading above the 20 day MA - bullish signal but the 20 day MA is also pretty flat, not rising. A rising 20 day MA would give more weight to the indication.

    MACD also pointing to a change from bearish to bullish.

    Expecting some price movement in the coming weeks up to resistance at 2.20 in anticipation of the scoping study due out in June.

    Up 10% from recent lows but down around 40% off recent highs.
 
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Last
30.5¢
Change
-0.030(8.96%)
Mkt cap ! $315.6M
Open High Low Value Volume
34.0¢ 34.0¢ 29.0¢ $2.586M 8.322M

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Last trade - 14.53pm 03/10/2024 (20 minute delay) ?
SYR (ASX) Chart
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