SYR 3.33% 43.5¢ syrah resources limited

Syrah shorts, page-3

  1. 687 Posts.
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    ryan4321, There's lot to like about SYR as you say.
    Long time holder here, and have followed the story , since formation.
    There is no doubt the shorters have had a big influence on price, coupled with stop loss settings, and the fact that shareholders like me are non sellers.
    Anyway I am confident about the future .
    On the flipside, I came across this article from Nelson Research a Toronto based company formed in 2015 What Do the Pivots Indicate Regarding Shares of Syrah Resources (SYAAF)?

    Its final paragraph , after discussing SYAAF technical analysis indicators , it states
    Syrah Resources (SYAAF)’s TrendSpotter Opinion, the signal from Trendspotter, a Barchart trend analysis system that uses wave theory, market momentum & volatility in an attempt to find a general trend, is Sell.

    I am not into Technical analysis, though I would think that some comment in their analysis should mention the fact that company shares have been heavily shorted.

    A company close to the action is CSE (4.2% holding)and it is worth noting the comments in its March Quarterly update of 28/4/17 Here
    upload_2017-5-11_9-36-9.png
 
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Last
43.5¢
Change
-0.015(3.33%)
Mkt cap ! $450.1M
Open High Low Value Volume
45.5¢ 46.5¢ 43.5¢ $3.070M 6.893M

Buyers (Bids)

No. Vol. Price($)
4 90770 43.5¢
 

Sellers (Offers)

Price($) Vol. No.
44.0¢ 28271 4
View Market Depth
Last trade - 16.10pm 07/06/2024 (20 minute delay) ?
Last
43.8¢
  Change
-0.015 ( 3.85 %)
Open High Low Volume
45.8¢ 46.0¢ 43.5¢ 1959951
Last updated 15.59pm 07/06/2024 ?
SYR (ASX) Chart
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