In the above post i mentioned 3.20 and 3$ as the key resistance levles. Well the aussie had a bit of bounce yesterday along with oil due to Qatar conflict. What is Qatars claim to fame - thats right LNG.
This could be a little catalyst for all related companies but if its a storm in a teacup which I suspect it might be then any little bounce will be short lived.
Thus dont bet the house yet but 3.20 as suspected held tho dynamics changed thru external factors which could easily be resolved and not thru the actions of STO. So be wary of any little bounce here.
If you are a buyer then in these situations (and as mentioned b4) just ladder the buys so you dont get hurt to much if falls further. If suddenly turns into an uptrend (cant personally see yet) then youve made some great buys with reduced risk.
This is not advice just my thoughts- but it beats buying at 4.20 or 4.80 but nots as good as 2.70 chuckle chuckle
In the above post i mentioned 3.20 and 3$ as the key resistance...
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Last
$7.84 |
Change
0.100(1.29%) |
Mkt cap ! $25.59B | |||
| Open | High | Low | Value | Volume |
| $7.80 | $7.89 | $7.80 | $44.20M | 5.631M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2389 | $7.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.84 | 129419 | 3 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |