Short Term Trading Week Starting: 6 Feb, page-188

STTCOMP SYA, TA Long

SYA – Sayona Mining – lithium in Canada (Authier project) and WA (Pilbara and South Murchison)

SP = 3.1c
SOI = 875.3m
MC = $27.1m
Cash = $1.6m (to Dec 31)

A symmetrical triangle has formed within a rising trend channel.

The SP is at the bottom of the trend channel, near support at 3c.

Expecting SP to swing back to top of trend channel. Initial target = 4.1c (+32% from 3.1c).

There is potential for a larger move with release of PFS (Pre-Feasibility Study) for Authier project due "early 2017" (late Feb?).