Long STL

17 thg 3, 2015

STL is holding above prior resistance and is basing towards recent highs. In addtion, it is holding above the up-trendline started in June 2014. An initial trade with a stop at 13.34 and an initial target of 14.52 could be good. Alternatively a looser stop below 13 with the expectation that it will breakout through recent highs for a longer term trade.