STD Banco Santander weekly chart moving sideways. The negative and postive divergences helped to keep it framed within the sideways symmetrical triangle the last couple years. Price failed to regain the 200 MA at 12.7-ish during all of 2010 and even a couple weeks ago. This ticker topped at Thanksgiving 2009. Currently price is fighting it out with many MA's between 11.4 and 11.6 since things are moving sideways. Price should favor a weak bias moving forward into summer and stay bracketed between 10.5 and 12.5. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.
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