Your explanations are becoming absurd. Now if we analyse the chart I made on the 31st of the 30min time frame exposing the Institutional Planned Pump & Dump below:
China announces they're going to ban/limit exports of graphite. Everyone looks at the biggest ex-China graphite producer who will gain the most from the bans. It's SYR by the way. Day Traders realising this jump in driving the SP upwards and then rush to the doors the following day about midday driving the SP down to an 80% gain over 2 days. The gains over the 2 days peaked at about 115%.
You just failed technical trading 101. Never ignore the fundamentals or you just end up making things up
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Last
25.0¢ |
Change
-0.030(10.7%) |
Mkt cap ! $260.5M |
Open | High | Low | Value | Volume |
27.5¢ | 27.5¢ | 25.0¢ | $1.597M | 6.097M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
28 | 1166292 | 25.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.5¢ | 47241 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
28 | 1166292 | 0.250 |
6 | 53048 | 0.245 |
12 | 567033 | 0.240 |
4 | 526553 | 0.235 |
5 | 418442 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.255 | 47241 | 2 |
0.260 | 79492 | 3 |
0.265 | 193317 | 5 |
0.270 | 258633 | 9 |
0.275 | 242600 | 6 |
Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
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SYR (ASX) Chart |