STX 2.27% 21.5¢ strike energy limited

Ann: Perth Basin Strategy & Proposed Merger Update, page-219

  1. 618
    3,187 Posts.
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    Hitting some minor resistance at 31.5. 20/50 EMA crossed, with 50/200 EMA close to crossing over too, which would be very bullish. If we clear 33.2 (23.6% retracement), then a retest of all-time high at 41c is possible. Right now though, technical goes out the window. It is all driven by the development in the M&A activities. The WGO bids have helped to really crystallise the intrinsic value of our underlying assets.

    618
    Last edited by 618: 02/12/22
 
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