Q: Digital asset infrastructure company SonicStrategy raised CAD 2.25 million in SYN financing. What impact could this have on the market?
A: It’s not uncommon for a stock to open higher and then fall on the day bullish news breaks, so don’t get excited just by reading the headline. The first pullback after the news is the key: holding up would show that buying demand is still strong.
$SYN Current price: 0.1877.
#SYN
This view could be wrong at any time. Trade at your own risk.
A: It’s not uncommon for a stock to open higher and then fall on the day bullish news breaks, so don’t get excited just by reading the headline. The first pullback after the news is the key: holding up would show that buying demand is still strong.
$SYN Current price: 0.1877.
#SYN
This view could be wrong at any time. Trade at your own risk.