For me as a Retailer who likes to partake on the short side, I have not been able to locate a single share since I wanna say early February 2024 from memory. Since then I have only been trying to look for long opportunities. Not to mention, the downside meat in the move is little, relative to the short term upside it can have. It's certainly not looking to trap retail on the short side as there are NO BORROWS, BUT if Sophs have accounts with JP, Citi, other places I am sure they may be lured in with the story of SYR being #2 most shorted.
Smells trappy!
Here is a Daily Chart with what I now see in terms of short term risk to reward. The lines and levels are really sketched on a Weekly but my charts are always preloaded on the daily. One can use the same levels I have to see how they may look on the Weekly
These exact lines are also on the Monthly. If this Month is to be a new Higher LOW, we may see April seeing prices have a short term bounce
Definitely worth watching
Daily chart has noise which is designed to scare and confuse
Retest of Cap Raise price along with a downtrend line may be on the books 31 days from now
Then again I may have it completely wrong and that's also fine
Cheers and enjoy the long weekend everybody! Life is good, we can't dwell on material things like money. It's all an illusion anyways what's REAL is family, relationships, connections.
- Forums
- ASX - By Stock
- General Discussion
For me as a Retailer who likes to partake on the short side, I...
-
-
- There are more pages in this discussion • 958 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SYR (ASX) to my watchlist
(20min delay)
|
|||||
Last
27.0¢ |
Change
-0.020(6.90%) |
Mkt cap ! $279.4M |
Open | High | Low | Value | Volume |
28.5¢ | 29.0¢ | 27.0¢ | $1.275M | 4.612M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 45427 | 27.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.5¢ | 43098 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 45427 | 0.270 |
16 | 425256 | 0.265 |
9 | 280029 | 0.260 |
11 | 222410 | 0.255 |
16 | 630963 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.275 | 43098 | 3 |
0.280 | 348799 | 3 |
0.285 | 161604 | 7 |
0.290 | 213047 | 9 |
0.295 | 44000 | 2 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
Featured News
SYR (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online