I'll be dammed if that blue wave4 marking is correct and we got a truncated wave5 down. This would mean the orange wave up was the start of a new run.
Now with revised target of 82c. Needs to start break above that channel to show some strength though. Can't be tentative like it has been since the low, otherwise the price overlap will cause it to fail.
Bigger picture this thing looks very attractive from RR perspective.
12yr run into 2016. Almost 5yr corrective move down (while still above pre 2010 price).
Even if this is a 50% retracement of the down move from peak it would take it to the $3.20's
SYR Charts, page-21
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Last
23.0¢ |
Change
0.015(6.98%) |
Mkt cap ! $238.0M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.0¢ | 22.0¢ | $684.9K | 3.024M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 61151 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 24346 | 2 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| SYR (ASX) Chart |