watto8871

SANTOS TRADE

Long
ASX:STO   SANTOS LIMITED
FORMED A NICE CHANNEL,CLIMBING TOWARDS MEASURED MOVE FROM THE DROP, MEASURED MOVE INSIDE CHANNEL IS PLAYING OUT ON SECOND TOUCH OF RESISTANCE LINE. Getting into good Fib Zone, showing strength , more touches on resistance than support indicating up swing. Fundamentally strong also, Couple of big projects in the NT waiting for Rona to piss off.

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