$STX Stacks after over 50% retracement... What Next?

May 21, 2024

STX STACKS has recently done over a 50% retracement from an all time high of about $3.8
Current Price: $2.2

Stacks current price action is currently trying to break out of its falling channel for higher prices
Up resistances: 2.4, 2.9, 3.3, 3.6 then possibly new price discovery at 4.0, 4.4, 4.7, 5.1

A failed breakout of channel will lead to retest of support at 1.8

Jun 4, 2024

Note

STX retested support at 1.8 and bounced off...

Jun 5, 2024

Note

Up resistances: 2.4, 2.9, 3.3, 3.6 then possibly new price discovery at 4.0, 4.4, 4.7, 5.1
2.4 hit!