Got this report in my email this morning.... looks like a $5.50 share price is on the cards ... wouldn't we love to see that !!
Michael Gable, Fairmont Equities
BUY RECOMMENDATIONS
Santos (STO)
Chart: Share price over the year
This energy giant finally broke a downtrend a few weeks ago on high volume. I expect STO to rally higher. In terms of a target, it’s likely to make a move of equal size to the rally from early 2016. That is, we could see it trade towards $5.50. Traders should look to exit if the stock moves back below the downtrend line. The shares were trading at $3.955 on September 14.
Share price heading to $5.50
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 (20min delay)
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Last
$7.02 |
Change
-0.005(0.07%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $7.00 | $7.08 | $6.98 | $19.96M | 2.840M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 27338 | $7.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.02 | 49035 | 26 |
View Market Depth
| Last trade - 12.00pm 01/10/2024 (20 minute delay) ? |
| STO (ASX) Chart |