My trading Bias for SYD is Bullish
as it has clearly bounced off the lows (Support), with a break and close above the Bearish Trendline
coupled with very High Volume
has given a Bullish
Cross and RSI
has come out of the Oversold region.
TP1 ~ $6.60 (Potential Gain 11%)
TP1 ~ $7.00 (Potential Gain 17%)
Stoploss - $5. 40
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.