SYR looks set to shine after a strong capital raising

Potential Buy Alert

 

SYR – Syrah Resources Limited

SYR has kicked up as buyers load up to push price higher. The Australian based industrial minerals and technology company has recently had some good news in the form of support from Australian Super in a capital raising at $3.38. We see good prospects technically but price still may need to do some work on a pullback to build a higher low. If we get this, then we will watching for a buy entry.

 

Stock Code : SYR – Syrah Resources Limited

Company Website : www.syrahresources.com.au

Current Price : 3.56

Status : On watch for pullback and entry setup