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SadafAmbreen86
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r u sure?
me the king
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$STO a very very big pump is coming soon
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SadafAmbreen86
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$STO Rise now 🙏
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$STO should we buy now or wait for a dip?
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should we buy now?
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$STO Technical Analysis: Bullish Momentum in Play Santos Limited ($STO), a leading Australian oil and gas producer, is currently exhibiting a series of bullish technical signals that suggest potential for short-term price appreciation. Technical Highlights 1. Sector Strength: Energy Leading the Charge The energy sector remains one of the strongest performers globally, buoyed by rising demand for natural gas and ongoing geopolitical developments. Companies like Santos, with significant gas portfolios, are benefiting from this sectoral momentum. 2. Price Action & Short-Term Projection Recent candlestick formations and upward trendlines suggest continued strength. Based on current price action and support/resistance levels, a short-term target of $0.3212 is projected over the next three trading sessions. 3. Support from LNG Market Fundamentals Santos' exposure to the LNG market through major projects such as PNG LNG and Darwin LNG provides fundamental backing to the technical outlook. Growing LNG demand in Asia and the global push for cleaner fuel sources further reinforce the bullish sentiment. Key Technical Indicators RSI: Approaching overbought territory, signaling strong momentum but caution near highs. MACD: Bullish crossover observed, supporting upward continuation. Volume: Increasing volume confirms buyer interest. Support Zone: $0.2950 Resistance Zone: $0.3212 (short-term target) Outlook The confluence of bullish technical indicators and supportive fundamental trends in the LNG market positions $STO for potential gains in the near term. Traders should monitor for breakouts above resistance with volume confirmation.
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Waiting for .24
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