Can see that over the past few months in 2019, STK's buyers are slowly gaining control as sellers are unable to push for lower lows. Thus, forming a nice ascending triangle pattern. Friday's breakout (25 October) can see target price drawn to 23.50 or 24.00 where short-covering might take place again.
Can see that over the past few months in 2019, STK's buyers are slowly gaining control as sellers are unable to push for lower lows. Thus, forming a nice ascending triangle pattern. Friday's breakout (25 October) can see target price drawn to 23.50 or 24.00 where short-covering might take place again.