ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

Supply@me Capital: SYME Is Holding Downward Above 0.045

Share On Facebook
share on Linkedin
Print

The Supply@me Capital Plc stock (LSE:SYME) is holding downward above the 0.045 support line at the time of this technical piece. The trading activities path has remained under bearish settings over time. In light of that assumption, buyers may have to continue to count on an oversold reading condition bagging a sizeable spike in price action before considering launching a long order. Sellers in this market need to keep their presence below around 0.070 as a sustainable breakout of the point will project room for a change of direction against the current bearish trend.

Resistance Levels: 0.065, 0.070, 0.075
Support Levels: 0.045, 0.035, 0.025

How does the SYME stock trade price respond to trading indicators?
There has been a continual loss of momentum in the SYME stock market, especially closely around the trend line of the bigger EMA, as it has been that its price is holding downward above the 0.045 support level. The positioning outlook of the indicators shows the !5-day EMA is underneath the 50-day EMA, pointing toward the south. The Stochastic Oscillators have turned southbound from underneath the 80 to 20. That denotes shareholders have to resettle for a lookout to make other rounds of introducing some parts of their capital into the trade from the previous lower ends.

Learn from market wizards: Books to take your trading to the next level

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Leave A Reply

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com