It looks like Sto will pullback to under $3.00, probably the $2.80 mark as oil prices have dropped again and may dip below $30 again. Once this happens, you will see another relief rally occurring. This trading pattern might occur for the next 3-5 months until some real fundementals change and we see some clear direction. At these levels STO is still really good value, so anyone holding for a medium to long term horizon, will see good returns.
Im still cautious, page-43
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Last
$7.23 |
Change
0.040(0.56%) |
Mkt cap ! $23.48B | |||
| Open | High | Low | Value | Volume |
| $7.25 | $7.28 | $7.20 | $45.98M | 6.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10011 | $7.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.23 | 15000 | 1 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| STO (ASX) Chart |