STO 0.00% $6.73 santos limited

Hi all,As much as I love the fundamentals of this stock, I can't...

  1. 780 Posts.
    Hi all,
    As much as I love the fundamentals of this stock, I can't love it for a little while yet.

    Chart 1

    1. SP broken down thru 45d and 200d EMA (And upper pitchfork TL line)
    2. MACD crossed down thru signal line and now into negative

    STO 24Apr2010 No.1

    Chart 2 (A little messier)

    3. SP breaks back down under LT downward trend line that I would have hoped would provide support.

    STO 24Apr2010 No 2

    My target is between $12.75 and $13
 
watchlist Created with Sketch. Add STO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.