SYR 2.63% 27.8¢ syrah resources limited

Positives: 1. Downtrend line broken (but only for one day). 2....

  1. 408 Posts.
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    Positives:
    1. Downtrend line broken (but only for one day).
    2. Current rally managed to get to approx 78.6% of range of prior downswing which was more than the previous rally ie each rally is pushing up higher and higher into each downswing (more & more buying pressure and less & less selling pressure)

    Negatives:
    1. Today is a bearish engulfing candle. Price has gone over yesterday's high and looks like it will close lower than yesterday's low. Therefore there is a high probability we will get a downswing next week or so. This is where the Bulls will have to show their support. I wouldn't like to see price fall back down to $2.23. We need to see a higher swing low.

    Today's Intraday Candle Chart
    SYR Daily Trendline 2017-05-12.png
 
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(20min delay)
Last
27.8¢
Change
-0.008(2.63%)
Mkt cap ! $284.5M
Open High Low Value Volume
28.5¢ 29.0¢ 27.0¢ $675.3K 2.424M

Buyers (Bids)

No. Vol. Price($)
26 284406 27.5¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 94128 17
View Market Depth
Last trade - 15.40pm 14/10/2024 (20 minute delay) ?
SYR (ASX) Chart
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