STD update

std june 2012

You may, or you may not own this stock. It had not yet reached the ideal target of $4, nor the suggested entry point of $4.50, but the big picture was clear enough. Two counts are possible here, the black and the green. The one in black suggests the entire move is done which would imply that this relief rally has legs. If the green count is operative there should be one more dip that might actually get to the ideal $4 target. In the big picture this remains a hold for higher levels. (see previous blog).