STO, page-7

@ralom

As requested mate. Slightly longer daily and then extended monthly.

Key elements:
Horizontal lines - potential prev supp / resist areas
Pink squares - supp / resist at Kumo
Orange channels on daily
Arrowed lines for trend lines
Yellow rectangles - pos / neg momentum areas
Lt blue circles areas of poss double bottom (daily & mthly) - explanation:

http://stockcharts.com/school/doku....nalysis:chart_patterns:double_bottom_reversal

Daily - bullish Kumo break off double bottom into extended upward channel breaking some resist areas with bullish rising Kumo on predominantly positive momentum. Watch for resist areas or poss retest of support and/or Kumo.

Mthly - bearish Kumo break at the top after some sideways movement (poss distribution area) to finally seeing much more increased volume at the bottom with maybe some stopping vol around the start of the double bottom. Buyers appear to have come in at this level seemingly supporting perceived value maybe. Can see the convergence in the down trend line and rising volume plus easing neg momentum. Key resist area will be the white line & down trend line which needs to be broken on increased vol and/or accelerated ascent. Next will be the resist line an Kumo area to navigate.

Hope helps mate.