Gosh it's a LONG drop from up here Glad to see that your making money...
Re: STM.v That POS sorta got a way from me... Anyway for the read on the Daily chart:
I see that STM.v keeps hitting resistance @ the 200 Day EMA, yet the PSAR suggest a buy. The other indicators that I use, eg: the ADX & DMI's suggest a buy is in order, however it is overbought & one might wait for a bit of retracement. STM.v is trading above both the 5 day ema & the 21 day ema (good signs)
The major problem that I see is with volume. IMHO volume will either drive this stock up or lack of volume will let the pos drift down.
All of course fwiw only.
Edit: Almost forgot to add; the downtrend from March to September (this year) appears to be over. Only time will tell...
Regards,
Peter
...You don't understand! I coulda had class. I coulda been a contender. I coulda been somebody, instead of a bum, which is what I am.. Marlon Brando 'On the Waterfront'.
