ThinkLikeaWhaleTLAW

STX ABC correction .27-.40c entry Dollar Cost Avg. Area

Short
KRAKEN:STXUSD   STX
Not financial advice
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Charts are made on current market conditions.
Currently looks like we are in an ABC correction on STX with the highlighted area is where we have area of interest.
You can also see the trendline on STOCH RSI that shows resistance and this downward triangle 📐 waiting for us to break out of it.
If we hold the current low we could complet similar to a big "W" over next 6-8 weeks.
Trade ideas moving forward
See if .40c area holds as support. And sprinkle in capital to DCA (dollar cost average) with a potential return of 1-2x from current levels
Lose .40c .27c be my max area of interest as we stand currently
Always remember to do you own research.
Always Practice Patience
#PIK Patience Is Key
#TLAW Think Like A Whale

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