If SYT closes above $0.049 this will be a new 52 week high. This event will highlight SYT to hundreds of new traders, and also hundreds of clients of newsletter writers that use a new 52 week high as a primary filter when screening stocks. Explorations in software like Metastock can been used to screen for stocks making 52 week highs, with high liquidity, volume at 25% above average, MA Crossovers and other indicators which all indicate that the stock is on the move.
If we close above $0.049 today, we can expect a lot more positive buying action next week.
While some End of Day traders will buy on Technicals alone, anyone that also bothers to look at the FA would be in. You have to be impressed with the calibre of the people in SYT, their pedigree and the fact that all the management have major skin in the game. No debt, 7.6m Capital raising was not required, massive potential and a share price on the move. What’s not to like? And nice sized parcels available… $5K won’t move the stock on its own…
Cheers to the long-termers that have done so much work. LOTM, Crypto, Syz, Boh, Art, NickMicadon and so many others… Thank you. Good times ahead GLTAH.
New 52 week high today?
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