This is on the money.All you need to set the cat amongst the...

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Ignattious

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03/11/23

14:08

Post #: 70713747
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Originally posted by imback: ↑

It will take a pretty significant event to close the lower gap, imo. Not sure what that event is besides a CR.

Technically we have bounced off the 61.8% fib retracement (around 0.63) from this impulse wave which looks like a EW wave 1. We are in a wave 2 retrace which when done will push this to close that upper gap at 1.40 at some point.

I think the fundamentals changing from China were not considered when this was shorted to death. They will now try to keep a lid on this as they play a range trade and earn some money as they exit their shorts. Whilst the shorts are staying high, I believe they are new intra day shorters, whilst the long term shorters slowly exit. The overall shorts will slowly come down. They need to control the SP this way because they can't exit their entire shorts in one go without the SP going off. This is what BEOT can do when they have access to so many borrowed shares thanks to AusSuper and Vanguard and other long funds.

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This is on the money.

All you need to set the cat amongst the pigeons is an announcement which gets retail FOMO'ing.

Like they are reopening a mine or getting a grant from somewhere ?

SYR Price at posting: 77.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 43.0¢		Change 0.065(17.8%)		Mkt cap ! $448.1M

Open	High	Low	Value	Volume
36.0¢	44.5¢	35.8¢	$9.756M	23.82M

Buyers (Bids)

No.	Vol.	Price($)
1	23530	42.5¢

Sellers (Offers)

Price($)	Vol.	No.
43.0¢	50000	1

View Market Depth

No.	Vol.	Price($)
1	23530	0.425
1	1428	0.420
4	67410	0.415
2	4268	0.410
3	69900	0.405

Price($)	Vol.	No.
0.430	50000	1
0.440	100000	2
0.445	196249	4
0.450	578175	13
0.455	117415	3

Last trade - 16.10pm 21/07/2025 (20 minute delay)

SYR (ASX) Chart

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