I’m pumped! I’m feeling a rush of excitement! Finally my STO has decided to join the fun and started to hop upwards today. The last three weeks has been frustrating. It’s been moving like a half-hearted undecided frog in a very narrow range, just below 11.20 and 10.80. And just when it’s going to be Christmas, I want to be earning some profits for all those goodies, and did only 1 trade because the stock is flatlining.
I bought at the Support around 10.95 which has been holding for a month. I know the US fiscal cliff talks are going to drag on before it gets better so decided to get in. And then weeks hippity hopping around the same spot.
BUT the wait has been made bearable and actually I didn’t mind the slow dance. I was getting organized, refining my new strategy, making acquiantances with new stocks to trade.
And watching the volume of Buyers vs Sellers, it’s going to be promising if the current Resistance of 11.20 is pierced today and barring any further bad news, it could keep going up for a few days more. Let’s see. Follow the frog!
STO 1 MONTH CHART
