Yes, I have had a look at the charts too and all the momentum indicators are extremely bullish, on the daily, weekly, monthly and are all indicating to a new upward trend. In fact I have not seen this much strong momentum in the stock for well over a year. This does not happen often and as others have noted, usually result in a very large % gain. So for me, I am more interested in 100% gain (which still only puts it an undervalued $2.30) than a short term 10% gain, so will ride it till that changes. Just so happens that the TA is starting to align with the FA which will further support the new tend. If major battery chemistry doesn't change for the anode, then 2023 to 2030 is where this stock will be unstoppable and a SP that could be multiples of where it is now.
Yes, I have had a look at the charts too and all the momentum...
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Last
51.5¢ |
Change
-0.010(1.90%) |
Mkt cap ! $441.3M | |||
| Open | High | Low | Value | Volume |
| 53.5¢ | 53.5¢ | 51.5¢ | $1.648M | 3.142M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 130445 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.0¢ | 42538 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
52.0¢ |
Change
-0.010 ( 2.09 %) |
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| Open | High | Low | Volume | ||
| 53.5¢ | 53.5¢ | 51.8¢ | 877504 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| SYR (ASX) Chart |