Yes, still a Charting thread.
So, technically the retrace playing out as suggested, with the SP getting to within 2/10ths of a cent (2 pips) down to the 38.2% retrace point at 7.9c. That's quick, and within 24 hours of being told it was 'highly unlikely'. Currently sitting under the 23.6% Fib point at 9.5c.
Great examples of TA at work for those who aren't sure how it works, or how it can be used to you advantage.
No change in FA.
SYA - Chart, page-1631
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Last
3.1¢ |
Change
0.001(3.33%) |
Mkt cap ! $319.0M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.2¢ | 3.0¢ | $292.1K | 9.444M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 962981 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 5477257 | 25 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| SYA (ASX) Chart |