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Statoil ASA Message Board

  • susiesweatsocks susiesweatsocks Jul 17, 2013 1:03 AM Flag

    technical hurdle to the upside is 22 dollars a share.

    i like the rule of three strikes and it is a failed probe to immediate movement to higher ground. fundamentally the upcoming report for quarterly earnings will hopefully support us bulls with good news. I am cautious here as it is about a 2 dollar spring back off the recent 20 dollar level. I think serious buyers are just plain not going to let their shares go down here much. I am looking up on this one, and hoping STO passes through 22 dollars without going back.

23.16-0.34(-1.47%)Oct 30 4:05 PMEDT

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