STX 2.86% 17.0¢ strike energy limited

There is also a larger range reverse head and shoulders in play...

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    There is also a larger range reverse head and shoulders in play here.
    Khopchai will love this one......

    It requires a test back above 8.2 cents. If the neck-line breaks it suggests a move to ~13 cents.
    Interestingly there is a gap at 11.5/12 from 8th Aug last year as well.

    I agree 6.7 is the next minor technical level that may generate some fresh buying interest though. And there is a gap at 7.7-7.8 on daily charts from 29th Aug.

    The yellow arrows below show the measured target (of the distance between the low and the neckline).


    STX241117.gif
 
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