Yes Polly. It sure looks like it.
Still need to be a little cautious on such a heavily shorted stock.
Don't forget triple bottoms are also common.
I'm looking very short term for the SP to close above the very first resistance target of 2.11. If it struggles to get beyond 2.11 then maybe a triple bottom is on the cards.
But if it get through , then to 2.35 should follow where its likely encounter further resistance as per my last post chart where it catches up with the 40WMA (200 day MA).
If 2.35 is breached then I'm targeting 2.73 where I'll take some profit of the table.
I Like to have a plan.
cheers Lies
Possible Breakout Alert, page-14
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Last
22.3¢ |
Change
-0.003(1.11%) |
Mkt cap ! $232.8M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.0¢ | 21.5¢ | $1.023M | 4.631M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 376887 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 96356 | 19 |
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| Last trade - 15.38pm 25/11/2024 (20 minute delay) ? |
| SYR (ASX) Chart |
