Amidst the descending tides of Sayona Mining's recent price trajectory on the ASX, a deeper look reveals swings of opportunity for the keen observer. The chart is a dynamic aquatic realm, where SMMA 2-3 crosses rise like bubbles, signaling moments for potential gains amidst the downward current. Each Heikin Ashi candlestick flickers like bioluminescence, guiding...
The previous analysis was right. The wave 3 has already started that it aimed higher. Price has to break through the previous resistance to achieve its wave 3 target but it's a very long way to go.
Another Lithium stock.
referencing my LIT H&S pattern, I see a target of $0.39 for SYA. havn't partcipated in Sayana but been following. I think a possible turning point is coming up.
So much hype in this space and I think the narrative has outran the fundamentals for now.
Recently promoted to the S&P/ASX200, Sayona Mining Ltd. (OTCQB: SYAXF) (ASX: SYA) has given investors regular updates on its operations following its latest acquisitions. In recent years, the company has acquired several important lithium mines in Canada. Its most prominent acquisition so far was the North American Lithium project which it acquired along with...
Sayona is on correction of an impulse wave. It is likely to get support around 0.17 and will head up from there unless it goes down that level. Overall, a very optimistic stock.
SYA deviate mid range with ST target March low.
Pops and holds March low looking for March High as T1 and 2021 High as T2..
Reevaluate as the weeks play out.
Currently CT bearish momentum atm, prices entering into potential demand level. limit order long triggered, ideally its a lovely profiting level for if l was short. entering into HTF demand zone of interest. price currently might have too much strength? , will monitor tomorrow. usually i'd wait for price action before entering, by being to aggressive and...
SYA has had a change of trend.
Broke a downtrend line and made a new higher high. See chart
Just some simple TA and my own opinion. Please make your own informed decision before investing / gambling, you could lose your money!!!!
I think ASX listed Sayona looks interesting, and with such an aggressive price move this year up over 1600% they do appear to be at a fairly strong support area with most indicators looking pretty bullish.
I liked their PLL partnership as well. One to watch.
From their About Us page:
Sayona Mining Limited is an emerging lithium producer (ASX code: SYA; OTCQB:...
SYA has been very strong since the beginning of 2021, and since heading higher. My plan is to buy the next swing low. I have my buy zone around $0.060 - $0.075, which is the Fibonacci retracement zone between 50% and 61.8%, ( a golden pocket zone). If and when it retraces lower, it will be a very good opportunity to join the trend. Lets see how it...
Looking at SYA watching INTRA day volume, if price AND bolume breaks through will enter with a tight stop loss. However, I have the 'feeling' that come Monday it may gap up
TA channels are shown as well as risk reward.
Strong bounce off 61% fib line and building up for a breakout of the 50% line.
Breakout of the downtrend on the hourly, now we need to see a clear breach of the 50% line at 38.
Big boys buyers are building orderflow , bullish price action is gathering in and around prior lower lows region, momentum and pullbacks also show potentially nice confluence also. Looking for how price enters region /if it even enters? will monitor demand from around 0005 level. l'll wait for confirmation before gambling my hard earned money before l...
