I stumbled upon STAN (Standard Parking Corp) while doing some random look up on stocks. What's interesting to note is that this stock just broke out of a very long term basing pattern, ranging between 23.28 - 14. After price broke out, we are currently seeing a retest of 23.28, which should be a good place to buy STAN when it retests the upper range.
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| (STAN) - Renko Charts |
Alternatively, if price fails to come back to 23.28, look to buy on dips. Also, place another buy order at 22.7/.76
This stock is a very.. and I mean very long term Buy and Hold. So pick decent units and dispose bits and pieces around 25, 30, 35 and 40.
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