hprotein

short on 5-min level drop, but still on the 30 min upper trend

ASX:STO   SANTOS LIMITED
1
Follow up from previous idea.

As seen in the chart there should be a short term drop of price.
case A & B: this is the bull case, if the down turn doesn't fallback into previous massive 2-hour level central region. We are expecting the current 30-min up trend to resume.

case C: this will be the bouncing case, where we fallback onto the 2-hour level central region, and the price will be likely to go up and down around the region for a while

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