STO 1.18% $7.10 santos limited

ok folks...where is the bottom ?, page-24

  1. 873 Posts.
    re: santos charts trading gaps.swing trades Madmacs don't know if have you tried a reverse fib pattern for STO using:
    The $6.94 high and $5.84 low?

    Voila - a 61.8% at the $6.53 level. This was the resistance I mentioned earlier in the thread.

    This baby trades so well to fibonacci....and yet I can't get an suitable entry for a trade!

    Would like to see a good move above $6.53. But I wouldn't be suprised with a small correction from this level. The gas related stocks were subject to some profit taking afternoon...it may continue next few days?



    Christian
 
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