Hot Japanese Companies For 2015

Hot Japanese Companies For 2015: Synthesis Energy Systems Inc.(SYMX)

Synthesis Energy Systems, Inc., a global energy and gasification technology company, provides products and solutions to the energy and chemical industries. It offers technology and equipment in regions, where low rank coals and biomass feed stocks can be converted into high value products through its proprietary U-GAS fluidized bed gasification technology. The company licenses its U-GAS technology rights to third parties and delivers an engineered technology package, as well as provides proprietary equipment components to customers, who have contracted to own and operate projects. It has a joint venture agreement with Shandong Hai Hua Coal and Chemical Company Ltd. for developing, constructing, and operating a syngas production plant utilizing the U-GAS technology in Zao Zhuang City, China; and for producing and selling syngas, and various byproducts of the plant, including ash and elemental sulphur. The syngas can be used as a fuel gas in industrial applications, or can b e used to produce power, synthetic natural gas, methanol, dimethyl ether, glycol, ammonia, direct reduction iron, and synthetic gasoline, as well as other transportation fuels, steam, sulphur, carbon dioxide, or ash. Synthesis Energy Systems, Inc. was founded in 2003 and is headquartered in Houston, Texas.

Advisors' Opinion:

• [By Charley Blaine]

  Synthesis Energy Systems Inc. (NASDAQ: SYMX) shares were among the Friday’s biggest percentage gainers, all because it has a deal to become a leader in the clean coal gasification market in China.

• [By Roberto Pedone]

  One under-$10 specialty chemicals player that's starting to move within range of triggering a major breakout trade is Synthesis Energy Systems (SYMX), which provides various proprietary gasification technology systems and solutions to the energy and chemical industries worldwide. This stock is off to a red hot start so far in 2014, wit! h shares up a whopping 191%.

  If you glance at the chart for Synthesis Energy Systems, you'll see that this stock has been uptrending over the last month and change, with shares moving higher from its low of $1.39 to its recent high of $1.85 a share. During that uptrend, shares of SYMX have been making mostly higher lows and higher highs, which is bullish technical price action. That move has started to push shares of SYMX within range of triggering a major breakout trade above some key near-term overhead resistance levels.

  Traders should now look for long-biased trades in SYMX if it manages to break out above some near-term overhead resistance levels at $1.85 to $1.86 a share and then once it takes out more key overhead resistance levels at $1.93 to $2 and $2.09 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 594,782 shares. If that breakout gets underway soon, then SYMX will set up to re-test or possibly take out its next major overhead resistance levels at $2.44 to its 52-week high at $2.49 a share. Any high-volume move above those levels will then give SYMX a chance to tag $3 to $3.50 a share.

  Traders can look to buy SYMX off weakness to anticipate that breakout and simply use a stop that sits right below some key near-term support levels at $1.60 to $1.55 a share. One can also buy SYMX off strength once it starts to clear those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/hot-japanese-companies-for-2015.html