I am identifying levels of support that might give insight as to where a turnaround might occur. As we can see from the below chart, there are 3 levels of horizontal support; $4.40 (which no longer applies as has just been broken, $4.05 which will be our next most important level, and $3.60. There are no horizontal support levels below this.
There's also a very important long term uptrend which should provide support (blue). I'll be watching this closely as we're in this zone now, of $4.20-$4.30. If this line is broken then it would offer an opportunity to open a short position based on TA alone.
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 (20min delay)
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Last
32.5¢ |
Change
0.020(6.56%) |
Mkt cap ! $336.3M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 32.5¢ | 30.0¢ | $1.514M | 4.877M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 500053 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 170548 | 6 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| SYR (ASX) Chart |