Looks like the $1.9T is having a strong effect on the market again. Lots of stocks showing bullishness!
STX is about to breakout of an up-sloping flag pattern.
Target profit 1 is $82-83 (calculated from the bottom of the previous swing low at about $58 to resistance at $64 i.e. a $6 move.)
Since there's no resistance, watch for reversal pattern at the Daily chart to exit, or you can trail with either the 20 or 50 MA.
Disclaimer: I'm not giving any trading and investing advice. Just sharing my chart observations.
If you have any symbol that you'd like me to analyze, feel free to leave me a comment.
Thanks!
STX is about to breakout of an up-sloping flag pattern.
Target profit 1 is $82-83 (calculated from the bottom of the previous swing low at about $58 to resistance at $64 i.e. a $6 move.)
Since there's no resistance, watch for reversal pattern at the Daily chart to exit, or you can trail with either the 20 or 50 MA.
Disclaimer: I'm not giving any trading and investing advice. Just sharing my chart observations.
If you have any symbol that you'd like me to analyze, feel free to leave me a comment.
Thanks!
Nota
setup still validTrade chiuso manualmente
Today price went lower than the bottom trend line of the up sloping pattern.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.