I am long on SYD but i don't agree. There is no momentum. It's a...

I am long on SYD but i don't agree.

There is no momentum.

It's a grind to put on a 3 - 4c yet, it drops 5c on open.

This to me does not look and feel like momentum. It looks like a opportunity to exit.

It is frustrating to see it stuck between 3.05 - 3.10 after a drop from 3.60, as I believe on fundamentals currently, its a good bet. One would have expected a bounce back to at least 3.20 when you factor in the Ords have been doing ok.

Keep a close eye might bail and re-enter!!