Discussing valuation, page-24

SYR is fortunately a strong trending stock. In this regard it is ideal for momentum investing, short or long. Since circa $4.00 back in Feb, 2018, the trend has been down. The first major warning sign was when price traded just below the 200-day (40-week) moving average. IMO, no stocks should be held that are trading below the 200-day MA.

SYR is now trading at or very near 52-week new lows. This downside momentum should be sufficient to indicate that sentiment is still negative. The many mining, costing, and production factors discussed on this forum are outside my sphere of interests, and are quite boring to read. My preference is to place some moving averages on a price chart, take notice when they cross, and trade in that direction. As a former holder of SYR who was stopped out of the trade early this year, I would not even consider buying the stock until the 10-week EMA crosses above the 26-week EMA.