Syrah Resources

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Syrah Resources: 0.618 Fibonacci Fan ($1.24)

Syrah Resources: The current Fibonacci Fan levels are: (23.61%) $1.01: (38.2%) $1.09: (50%) $1.17: (61.8%) $1.24The current support levels are: (78.6%) $1.35: (100%) $1.48: (138.2%) $1.71: (161.8%) $1.86: (261.8%) $2.49: (423.61%) $3.49

Open/close reversal confirmed for Syrah Resources signalling the buyers have taken control

[BULLISH]: Syrah Resources opened in the middle part of daily range at 33.3% & closed in the upper part of the trading range at 77.8%. This suggests the buyers have taken control. Over the last 12 months there has been 1 trading days with the opening price in the middle shadow & the closing the price in the upper shadow giving a confirmation ratio of 0.4%. Over the last month there has been 1 trading days with the opening price in the middle price range & the closing the price in the upper price range giving a confirmation ratio of 6.3%.

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