I am identifying levels of support that might give insight as to where a turnaround might occur. As we can see from the below chart, there are 3 levels of horizontal support; $4.40 (which no longer applies as has just been broken, $4.05 which will be our next most important level, and $3.60. There are no horizontal support levels below this.
There's also a very important long term uptrend which should provide support (blue). I'll be watching this closely as we're in this zone now, of $4.20-$4.30. If this line is broken then it would offer an opportunity to open a short position based on TA alone.
SYR TA
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SYR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $245.7M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.8¢ | 22.8¢ | $539.9K | 2.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 185222 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 199955 | 17 |
View Market Depth
| Last trade - 10.55am 22/08/2024 (20 minute delay) ? |
| SYR (ASX) Chart |