Diversify your investments Tuesday Dec 8th, page-19

Goldie1977 ... TANOTFA's tuppence worth for STO ... Hmmm ... could be near an important low BUT probably not quite just yet.

Weekly Chart shows "potential" +ve divergence and  L/T trend channel ... close BUT? Maybe wait for a higher low or the CCI50 back above the "0%" line???


Daily Fibs Chart ... Yep, could be a swing low at these levels BUT equally could be a bit further down. Question of If the 9 wave structure has been completed/reached or not. So far wave[9] = ~ wave [1] BUT wave [9] could go further ... anywhere up to 1.618% of wave[1] and still satisfy the assumed wave count. We also have gone past the 3.236% extension of wave [1] BUT(no. 3) we have another possibly still in play(wave[3] length????


Daily "Close_Up" Chart ... AND yet another 'possible" 3.236% extn in play ... looks like we are going to close right @ the 2.618% level of this S/T range today($3.31) so again still very likely more to go ... 1st up $3.18 then looking for $2.90.


AH, all just one Trader's FREE opinion certainly not advice!