Syrah Resources

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Syrah Resources: Buyers have lost control.

[BEARISH]: Syrah Resources opened in the lower part of daily range at 13.3% & closed in the lower part of the trading range at 20%. This suggests the buyers have lost control. Over the last 12 months there has been 1 trading days with the opening price in the lower shadow & the closing the price in the lower shadow giving a confirmation ratio of 0.4%. Over the last month there has been 1 trading days with the opening price in the lower price range & the closing the price in the lower price range giving a confirmation ratio of 5.6%.

Syrah Resources: Sellers are in control at the market close.

[BEARISH]: Syrah Resources sellers in control. This is the first day of seller commitment for Syrah Resources adding strength to an downtrend in the first timeframe & highlights the lack of commitment of buyers to carry positions overnight Over the last 12 months there has been 2 trading days with the closing price in the lower part of the range giving a confirmation ratio of 0.8%. Over the last month there has been 2 trading days with the closing price in the lower range giving a confirmation ratio of 11.1%. Currently this quarter, closing price has spent 2 days in the lower price range compared to 3 days in the upper range giving a ratio of 0.7x.

Syrah Resources: Camarilla Pivot ($1.18)

Syrah Resources current pivot point Camarilla is: $1.18. The current resistance levels are: (R1) $1.263: (R2) $1.362: (R3) $1.46: (R4) $1.755The current support levels are: (S1) $1.067: (S2) $0.968: (S3) $0.87: (S4) $0.575

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