The price action from yesterday and today confirms extremely strong buyer demand, which means it should easily push past the the last recent high. Two of the very best white demand candles I have seen in a very long time. The long term trend was always intact, (which is why I didn't sell) but short term trend is reversing back to the upside. Demand is out stripping supply by a mile . I am not a trader, just a long term value investor, that likes to also follow price action and like others on here, I can't see any reason to sell this for a few years, as I might give up few hundred thousand $$$ and would kick myself, as the future thematic's in this graphite space, particularly, as a first mover seems so, so bright. At some point in the next 12 months I suspect it will test the last big high of $4.50ish. I'm not in this for the paltry 20 or 30c trade. Not when there's the bigger long term trade intact. The trend is your friend, why give up $2, I will be the first to announce, if that changes. Just my thoughts
The price action from yesterday and today confirms extremely...
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Last
51.5¢ |
Change
-0.010(1.90%) |
Mkt cap ! $441.3M | |||
| Open | High | Low | Value | Volume |
| 53.5¢ | 53.5¢ | 51.5¢ | $1.648M | 3.142M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 130445 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.0¢ | 42538 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
52.0¢ |
Change
-0.010 ( 2.09 %) |
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| Open | High | Low | Volume | ||
| 53.5¢ | 53.5¢ | 51.8¢ | 877504 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| SYR (ASX) Chart |