SYR 0.00% 32.0¢ syrah resources limited

SP approaching pinch point of the falling flag that looks to...

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    SP approaching pinch point of the falling flag that looks to have a solid base in at 1.61 - 1.63.

    Currently trading above the 20 day MA - bullish signal but the 20 day MA is also pretty flat, not rising. A rising 20 day MA would give more weight to the indication.

    MACD also pointing to a change from bearish to bullish.

    Expecting some price movement in the coming weeks up to resistance at 2.20 in anticipation of the scoping study due out in June.

    Up 10% from recent lows but down around 40% off recent highs.
 
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Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
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