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Monday, May 28, 2012

Santos : Dry trade

Could this be a temporary bottom or termination of a down wave ?

Weekly chart's Stochs at o/s.

Daily chart, price/Stochs bullish divergence...

Should take a trade here to $13.00 to $13.50 ?

According to my statistics , trading a reversal has been poor record.....

Prices have to work through the moving averages....maybe a tough call...

Tempting ? But not sure ?

Pun ? .....3weeks.....
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