SYR going to be in the mix again today. Huge red candle...

  1. 13,675 Posts.
    lightbulb Created with Sketch. 467
    SYR going to be in the mix again today. Huge red candle yesterday ostensibly
    over director resignation. Heavily shorted last week. Its come from $6.66(someones got a sense of humour) a few months
    back so we might've seen capitulation yesterday. $3 on the chart looks to be some sort of support.
    SYR is often volatile even on a good day but if the outgoing director isn't selling that should
    settle things down a bit unless the market was just looking for an excuse to give it a shellacking. Its always
    hard to gauge whats going on with big companies but bound to provide some more trades.
  2. This thread is closed.

    You may not reply to this discussion at this time.

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.