Synthesis Energy Systems: Buy Level

 | Oct 17, 2019 01:44AM ET

Shares of Synthesis Energy Systems (NASDAQ:SES) are falling back to earth after surging from $1.75 to over $26.00 per share in two days. The stock is now trading at $7.30 and based on the chart, will likely fall further. As a swing trader, I will be interested in this stock when it fills the gap back at $5.30.

From that level, an almost 100% move up is very likely, back to $10.00. This is a small stock and high risk.