TradingView
Pokethebear
Aug 22, 2018 4:25 PM

STM Buy sign from 2 months of consolidation - retracement. 

STMicroelectronics N.V.NYSE

Description

NYSE:STM
* CCI showing buy signal for STM.
* RSI basing for uptick.
* Fib retracement indicates bounce coming as STM has shown zig zag resistance push for awhile.
* Zig Zag consolidation breaking out

Tech stocks ready to recover, unless you make AMD GPU's. Sales are up over last year.
3-yr EPS growth 98% and ready to break 25 with right conditions, but easy up from 19.57.

Zach's comparison to NVDA zacks.com/stock/news/318656/stm-or-nvda-which-is-the-better-value-stock-right-now?cid=CS-IBD-HL-318656
Viewers make own conclusions.

Trade active

More