Having dropped through to 2.9c the 61.8% retrace comes into play at 2.7c and then it depends on the nature of the next news announcement that determines what happens from there. It will either be wonderful buying around these levels or a bull trap. Interesting to watch from the sidelines but nerve racking for holders. Great lesson for the inexperienced in the usefulness of TA to indicate overbought positions on a stock though, despite the euphoria.
Having dropped through to 2.9c the 61.8% retrace comes into play...
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Last
3.4¢ |
Change
0.001(3.03%) |
Mkt cap ! $349.9M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.5¢ | 3.3¢ | $1.368M | 40.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 13154629 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 636953 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| SYA (ASX) Chart |