STX 4.55% 23.0¢ strike energy limited

chart 10/10/12, page-3

  1. 1,711 Posts.
    Cant usually argue with technicals, it may of course continue to trend on up in spite of some of the ta indicators. I see volume on down days is low iniidcating no supply around. Could be this is beacuse more and more buyers having deep pockets are going long. It may be a grind higher and higher until a decent announcement,then a bigger move, one way or the other. Now could be the enviable situation of Mr Mkt revaluing STX' assets. Director support last week was comforting. Lets see what happens : )
 
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