Well done Mitchmann, you called it! Whatever you do don’t close out too soon. I love my TA but equally know that with ASIC barely able to dress itself each morning institutional investors can paint the chart any which way they please, safe in the knowledge if they do prosecute, chances are that ASIC will stuff things up so badly that the crims will not only not spend a day in gaol, get to keep their ill gotten gains, but also get to ride off into the sunset with damages - for ASIC dragging “their good name” through the mud (see photo of ASIC’s prosecution of Nuix (NXL) CFO Stephen Doyle attached! Google it, it makes for a read that sounds like a plot of a movie that should be screened on the comedy channel). That being said, TA would suggest that 50 cents isn’t far from the next level of resistance….I love a short squeeze!
SYR Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held
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