STO, OSH or WPL, page-14

sto (and actually most of the oil stocks) is at bottom of both slow stochastic and bollinger curve - usually stocks bounce off bollinger extremes even if they go lower a few days later

its also now down in the 7-7.50 main support/resistance zone it established 2 months ago - so right in the heart of deep buying support

that will only collapse if and when the stock price goes below 6.90 or so.

there's also been a slight blip up in wti spot price this morning.

in fact if i look at a chart of the all ords - it looks like the entire Aussie market should have a short term slow stochastic oversold move up - before going lower again in a day or 2

hope that helps you