GREY:SYXXF - Post by User
Post by
CHINVESTMENSTon Sep 10, 2014 11:30am
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Post# 22923288
Holding up well
Holding up well
I really like how we're holding above the 50 and 200 day moving averages. Real strength Index hasn't been above 50 in ages and we're holding strong at 55. This is why I think we're not seeing the asks fall into the bids for once. News is likely to be right around the corner. Think we're going to have a repeat of march where we receive a number of good news articles and rally. Definitely looks promising considering how Synodon almost always releases news from late August to late September. All speculation right now but keep your eyes open for Tuesday and Thursday catalysts! Seems to be the preferred days of news release for SYD. Good luck everyone.