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cantestogo cantestogo SSTK, 240, Long ,
SSTK: SSTK - SHUTTERSTOCK POSSIBLE CORRECTION FOR MORE UPSIDE?
22 0 2
SSTK, 240 Long
SSTK - SHUTTERSTOCK POSSIBLE CORRECTION FOR MORE UPSIDE?

Shutterstock has broken the last trendline on monthly-weekly downtrend. It's in a solid uptrend from about 26$ and has reached the 60$ area in a couple of months. It seems in a confluence area with an unconfirmed bearish divergence. I'm expecting a retrace on the breakout area for a new wave up. A breakout on the rising trendline can invalidate this setup.

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