Syta trend predictionSyta a Canadian cellular telecom company has had a lot of success in Saudi Arabia with their push to talk over cellular. Emergency Services Teams (Ambulance, Fire, Police, Security, etc) Love this!
Syta reverse split 1-100, from 4 cents to 4 dolla last week and has been in accumulation phase since the split. The chart shows us a falling wedge pattern and a break out is near.
Over the next few days we may break resistance @4.61 and @4.81 or maybe today!
We were halted this morning , and when we came out of halt we opened @5.00 and fell a few cents and we are re testing the resistance at 4.61.
Hopefully we can see price rise to the next resistance//support at 7.50 and 8.00 dolla!
Very low float at 1.68 million and no dilution! so we may actually see alot higher price rise in a very short time.
*not financial advice
*beginner trader
*learning as we go
Thanks again :)
