Ok red close.. perhaps largish parcel day traders/ ST swing traders selling of into the close or holders caught high a few days ago offloading into the strength ... Only saving grace for the day was luckily held on to the 3.6c support level with a close at 3.7c ... Given the stock finished near its lows I expect 3.6c to come under serious selling pressure tomorrow am ...if it falls and it closes below this support tomorrow then then retest of lows likely shortly there after IMHO . Volume was reasonable for small rally but the spike today was on approx. 40% less volume than the 0.049c high day... For mine I'd say this stock is a good for DT'ing/ ST'ing traders in the short term but I think Longer Term investors could a achieve a much cheaper entry in a few weeks with a bit more patience.
All is IMHO DYOR
SYT Price at posting:
3.7¢ Sentiment: None Disclosure: Not Held
