STC - Falling Wedge
On the chart, we can see a falling wedge.
Breakout has already happened, so we will enter a long position.
RSI is showing bullish divergence, and therefore we have confirmed a long position
The target will give a ROI of 14%
Good luck!
Breakout has already happened, so we will enter a long position.
RSI is showing bullish divergence, and therefore we have confirmed a long position
The target will give a ROI of 14%
Good luck!
Comment:
Previous downsloping resistance now is acting as a support. Good for bulls.
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