SYA Chart, page-2011

Will we go sideways?

IMHO, Breakout imminent if I ever saw one......and will be to the upside...but how far?

Most probably a steady ascent rather than spike up, as previously.

As has happened before, the chart clearly shows suppression down to an accumulation range, while we wait for news, which the market wants to see before re-evaluating us.





These low volumes will be hurting the shorters, they will have to change tact and hopefully continue the recent slow retreat that has started. they like to see high liquidity come through daily....they depend on it.
They have been in for around 8 months now, and they tend to swarm in big numbers for a few months before targeting the next stock.

Option expiry....

A few have been commenting this may be another catalyst for growth.
Settling of the share register with solid numbers the market can work with. Maybe some unscrupulous institution has held this back, hoping the late comers to the SAYOCS will not convert, and giving them an opportunity to possibly take them off the company's hands. This may be another catalyst to release the handbrake.

It also clears a path for a future share consolidation...just saying....

Strengthening fundamentals-
The optimists say we are fully derisked now.
We have some very strong catalysts in the next 4 weeks including the carbonate PFS, Moblan PFS and the offtake.

Lets see if the shorters continue to drive us down to 18 before they start buying back, or maybe 18.5 was low enough.

The new uptrend still needs a few more days before its confirmed. Hopefully it stays in tact.

Good luck everyone...