SYA 6.67% 3.2¢ sayona mining limited

In the words of Tony Montana ....' It's time to say Goodbye to...

  1. 12,898 Posts.
    lightbulb Created with Sketch. 15750
    In the words of Tony Montana ....' It's time to say Goodbye to some little shorts '......biggrin.png

    .....with a few being blown away this morning on the way to 7 then 8 , then 9.2 cents ( ltst call it 9 ) . So 7 , 8 ,9 in that order.

    And keep a close eye on CXO as when you strip away ALL the differing fundamentals and account for the approximate difference in the Lithium ETF from end of May when SYA did its 200 million capital raise to mid August when CXO did their $100 million , you can work back the math in actually proving out further these Fib retracements.

    And because they have been working in virtually sync off their respective capital raise pricing's.

    Note the movement in the Lithium ETF was less than 1% to the downside from May To Aug , so all the damage was done from around 14th Aug on that index and just before the CXO capital raise. This index is now back to virtually where it was in the middle of August.


    So 6.0 - 6.1 cents is actually key in this analysis and the effective starting point for SYA with anything below this pricing having been an absolute gift for investors from a technical point of view.

    As I said yesterday , 7 cents incoming in my opinion. Good Luck to you all , the rally is definitely on.......wink.png


 
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3.2¢
Change
0.002(6.67%)
Mkt cap ! $329.3M
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3.1¢ 3.2¢ 3.0¢ $604.3K 19.39M

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14 1767950 3.1¢
 

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Price($) Vol. No.
3.2¢ 7754377 25
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
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