Bullboard - Stock Discussion Forum Synodon Inc SYXXF

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Synodon Inc. (Synodon) is a Canada-based company focused on providing aerial integrity management solutions for oil and gas pipeline operators. The Company has developed a remote gas sensing instrument called realSens that is capable of detecting ground-level hydrocarbon gas occurrences from an aircraft flying at an altitude of approximately 300 meters (approximately 1,000 feet). The instrument... see more

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GREY:SYXXF - Post Discussion

Synodon Inc > Holding up well

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Post by CHINVESTMENST on Sep 10, 2014 11:30am

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.

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