Jump to content

SYR - SYRAH RESOURCES LIMITED


ShareCafe

Recommended Posts

A bounce now would be good

 

i'm out for now.....took a quick profit and give back nearly half for my loss on OGC for the day. hope you are still holding Mista.

 

this may test $3 again......a chance for a short trade for you may be......I don't short so will have to wait and see if there is a retrace

 

or a break back above $3 for another entry.

Link to comment
Share on other sites

  • Replies 1.6k
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Posted Images

Hi Cooder,

Today on intra charts there was an upthrust bar followed by a no demand signal just after 3pm so I was happy to exit at the low of the upthrust (274c) You could see the sellers coming in so was happy to take my scalp and run.

281c was my theoretical top but the 300c you mentioned may eventuate. The way other tech traders jumped in to sell below the 280c, I'm now interested in getting set short again so will look for signals Monday. Odds dont really favour a reversal of trend from here, so I think short is the way to go.

Link to comment
Share on other sites

SYR are dreaming but I think they actually believe it. $1.50 in 2015 and that might be optimistic. The whole graphite game has changed in the past 12 months. There's more and more high grade graphite being discovered. It's another rare earths scenario. $470M market cap? No way jose!
Link to comment
Share on other sites

  • 2 weeks later...
  • 3 weeks later...
  • 2 weeks later...

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...