Syncora Holdings Ltd. (fka SYCRF)

[Lonestarheeb]

I am happy that this stock is respecting technical levels. If it touches 2.15 again, I will buy at 2.16 and try to get about 14 cents. With a stop at 2.13. We've touched 2.15 twice and 2.16 once so there is good support there. I'll probably buy at 2.17 if 2.16 holds. Time will impact where I buy as much as price. I will be watching for a bounce later this afternoon. But I will also be looking for a trap. The day chart still shows weakness so playing for small gains until the longer term technicals strengthen up seems like a good strategy.

The 2.26 entry is still valid though for me because 2.25 is the top of the consolidation area for now. That is still my play if we don't touch 2.15 or 2.16.