
Morning Trend | Synlogic volume approaches resistance level, are short-term main force actions coming?

Synlogic (SYBX.US) surged with increased volume during yesterday's trading session, gradually approaching the $0.8 psychological resistance level. The trading community is highly optimistic, with many short-term players discussing "whether this wave can reach the peak." Recently, there has been a noticeable increase in the strength of the main players' follow-up trades, with large orders appearing densely, and chips are highly concentrated in the $0.75-$0.80 range. It is just a step away, and the expectation for a main upward wave is imminent. The technical indicators are in a strong position, with short-term moving averages forming a golden cross that supports bullish sentiment. As long as the resistance level is successfully broken, it is likely to trigger a new wave of limit-up trading. The sector's capital logic leans towards rotational speculation, and whether SYBX's current volume increase can drive the sector's main upward trend needs to be continuously monitored. If there is weakness in the intraday surge and volume declines, one must be highly cautious of a potential "bull trap" pullback. On the fundamental side, although there have been setbacks in biopharmaceutical research and development progress, there are currently no new variables in the short-term news front, and the speculative space mainly depends on capital sentiment. Keep a close watch on the market; once the main players launch an offensive, there will be a fast-paced arbitrage window for short-term entries. Abandon a dragging mindset; the focus should be on quick in-and-out strategies. The strategy suggests testing a low buy around $0.75 on a pullback, and following the trend after a breakout with volume above $0.8; otherwise, retreat immediately if there is weakness in the pullback or a false breakout. SYBX's short-term actions are imminent, and grasping the rhythm of intraday fluctuations is key
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