I think STO is potentially ready for a short term positive move based on the chart.
It is one of 3 flag patterns developing in the market and identified by http://thetechnicalreport.blogspot.com.au/ which I follow.
Here is the STO chart I ripped from that website.
DYOR
ready for a move? st or lt play evolving?, page-4
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 (20min delay)
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Last
$6.84 |
Change
0.020(0.29%) |
Mkt cap ! $22.21B | |||
| Open | High | Low | Value | Volume |
| $6.95 | $7.01 | $6.84 | $74.56M | 10.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 58529 | $6.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.85 | 81258 | 2 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |