STM - could this be the bottom ?

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I have been watching STM for a while and looking for a possible bottom.

The best I could come up with is the channel shown above.

istantanea

Weekly MACD and RSI could support this:

istantanea

The current outlook for STM in 2025 isn't great, but they are one of the key players in the semiconductor sector and will recover in my opinion.
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promising so far
istantanea
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now we will see if this is just a move to the upper line of the channel followed by a breakdown or if the bottom is in. istantanea
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could not be clearer. perfect retest of white and red and now breaking out.

istantanea
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red channel still in play, just a bit larger
istantanea
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since it is trading below white again, I have modified the big channel a bit and expect the bottom to be in the 20$ area:
istantanea
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buy point ?
istantanea
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There we have it, the bottom targeted by big money algorithms:

istantanea

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