STA : Outlook for Feb 21st

STA may need a while longer to really start heading north again, but over the very near term should manage to retest resistance a ad indeed fill a day chart gap from 30.75 to 31.00. Closing last week at 29.75, if it opens with a gap Monday keep in mind the resistance level noted above if your aim is a quick trade, with short term entry at 29.25 or so more attractive in our view.

 

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