ShentaTsai

STM = Text book Trading

Short
ShentaTsai Updated   
NYSE:STM   STMicroelectronics N.V.
Now is a good time to short, STM has been on long term down trend, with tight stop can have good profit.
Trade active:
A few more days testing support of 17.48, if not hold, 12.xx is expected.
Comment:
Excellent gap, target 12.45 is expected.
Trade active:
Yes, Bounce is expected around 12.65, but further drop is expected, as low as 7.xx.
Trade active:
Move target to 11.45, still keep the short since 18.75
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