After using the highs from 2015 and 2018 ($56.28) as support, ST is now approaching the resistance of $61.13. Also note that ST has been ranging from year-to-date between $56.28 and $61.13.
Judging from the price action, it seems like ST may break and close above $61.13 in the coming week.
A rejection from $61.13 could have ST test the support of $59.90
Look for buying opportunities: * Around the $59.90 area OR * After a daily close above $61.13
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.