LC Futures couldn't crack the CNY120k today but at least it touched it. I expect next week will have another go at it and keep going upwards.
I mentioned earlier that SYA's trading pattern was very similar to CXO's. Now we know why. They are both out of the ASX200. Is this a good thing? Not ideal, but in our situation it probably is a good thing since we are not generating enough cash to stop the crazy shorting activity. We should see the short interest fall drastically now all the way down to the 2-3% range. The BoDs they better be on their toes now. The exit door is not that far away.
The one week 30min chart looks great with a high base formation to prime it for the next bull move.
LC Futures couldn't crack the CNY120k today but at least it...
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Last
3.6¢ |
Change
-0.002(5.26%) |
Mkt cap ! $375.7M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.7¢ | 3.5¢ | $2.158M | 59.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2625000 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 5881377 | 21 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SYA (ASX) Chart |