On a technical level SIR looks very similar to SYR on the 4th June. SYR came off from $3 all the way to $1.95 over 3 days. In the following weeks price retested the $3 level. SIR has come off from $1.49 to 91.5c over the same number of days.
So alot of traders would have missed out on the massive run in SIR, but I wouldnt be surprised to see some kind of re test of the $1.50 level in the next couple of weeks.
SIR Price at posting:
$1.02 Sentiment: Buy Disclosure: Held